After Months of Crisis, CEO of Uber Travis Kalanick Resigns

After Months of Crisis, CEO of Uber Travis Kalanick Resigns


In just five months and some days in the year 2017, world leading ride-hailing startup company Uber has embroiled with several PR crisis such as sexual harassment from their drivers to the sacking of over nine top executives, but the biggest crisis of Uber this year is the departure of its co-founder Travis Kalanick.

According to information released out by Travis Kalanick’s spokesperson reported that the co-founder of Uber has resigns from the company based on pressure and the request from their investors.

After Months of Crisis, CEO of Uber Travis Kalanick Resigns

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement late Tuesday, according to an Uber spokesperson.

Kalanick already announced last week that he was going on an indefinite leave of absence following the death of his mother in a boating accident.
But the move failed to defuse a growing crisis over his leadership and demands from investors that he resign from the $68 billion startup.

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