Business Standard

Donald Trump's Truth Social cuts staff as it awaits merger approval: Report

Some close to Trump Media estimate it can fund operations through September at present spending levels, according to the people

Photo: Bloomberg
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Photo: Bloomberg

Bloomberg
The company behind former President Donald Trump’s Truth Social has trimmed staff while awaiting regulatory approval for a merger that offers a financial lifeline, according to two people with knowledge of the matter.
 
Trump Media & Technology Group, Truth Social’s parent company, laid off about half a dozen people, including senior members of its ranks, such as Chief Technology Officer William “BJ” Lawson, according to the people, who asked not to be identified because the information is private. Lawson was the third person to hold the role at the company. Some close to Trump Media estimate it can fund operations

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