Trump Media’s Soaring Share Price Masks Truth Social’s Internal Strife

Published On Oct 22, 2024, 11:18 AM

The article discusses internal issues at Trump Media & Technology Group, the parent company of Truth Social, where employees have raised concerns about leadership and hiring practices under CEO Devin Nunes. Complaints included an over-reliance on foreign contractors and mismanagement, particularly concerning the outsourcing of work to a company based outside the U.S. Despite these controversies, the company's stock has recently increased in value. This situation highlights potential risks related to management effectiveness and employee morale, which could influence the company's performance in the market.