Grubhub CEO Matt Maloney is finding out the hard way that politics and business can be a toxic mix, especially if you run a public company that depends on consumers.
In a companywide email in the wake of Donald Trump's election, Maloney wrote a strongly worded message repudiating the president-elect's campaign message and personal history while affirming his commitment to tolerance and inclusion.
Just one problem: Trump supporters—who make up about half the electorate and, presumably, a lot of the food-buying public—felt anything but included and responded quickly with threats to boycott the company and short its stock…
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