Tuesday, November 15, 2016

Corporate hate speech backfires

Grubhub is a food delivery company that won't be delivering much food to Trump voters from now on

Grubhub CEO Matt Maloney is dumb, dumb and dumber. After the election he sent a condescending, baseless, whacko email that gives the impression to his employees that if you voted for Trump or believe in Trump's campaign message that you should send in your resignation. He even says that if Trumped worked there, many of his comments would have resulted in his immediate termination.

Would Maloney also want anyone who agrees with Trump to immediately stop buying their service?

On November 8, Grubhub was trading at $37.83 and now it's at $35.25. That is nearly a 7% drop while the rest of the market hit historic highs. His dumb political statements have so far cost Grubhub shareholders $200 million. What an idiot. The Grubhub board should hold an emergency session and fire him in order to reassure their shareholders that their company is in good hands and to send a message to customers that political intolerance is unacceptable.

Maloney has since produced a press release saying he is misunderstood. Baloney. He meant every word of what he said because he bought in like a child the nonsense narrative that Trump is a racist, homophobe, intolerant Nazi like figure.

Meanwhile, Trump supporters on Twitter are appropriately bashing Maloney relentlessly, but in a much smarter way than Maloney slammed them



Bird of Paradise said...

Another dumber then a sack full of rocks type of liberal CEO with a walnut sized brain heres hoping their looking at bankruptsy soon

ЯΞ√ΩLUT↑☼N said...

Disagree a bit there Bird. I prefer the sanctimonious arsehat that made the comments lose his position rather than the entire company have to fold.

I've never been to the US (too far to swim across the Pacific) and I'm sure that GrubHub's very successful considering $200m is just 7% of their shares, so I'd still rather have the general public that like their food to keep their food.. ;)

Spurwing Plover the fighting shorebird said...

Another liberal run company and heading down the road to bankruptsy hopefuly