Home news Uber boss Travis Kalanick quits – reports

Uber boss Travis Kalanick quits – reports


Uber’s troubled chief executive Travis Kalanick is reported to have quit the company following a revolt by major shareholders.

US media said he agreed to leave his post at the taxi app firm after receiving a letter from some its top investors – just a week after he announced he was taking time out from his duties to battle his personal demons.
The New York Times said Uber’s co-founder agreed to go after deciding his future had become a distraction from Uber’s mission and its bid to overturn a toxic culture amid allegations of bullying and harassment.

The paper reported that five major institutional investors had earlier demanded his resignation.
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Source: SKY News Feed