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Travis Kalanick Stepped Down From Uber

Uber now operates in 662 countries around the world and is valued nearly $70bn. But the accusations have not yet been stopped against Uber’s founder and other members.

Travis Kalanick, Uber’s chief executive has resigned from the firm as his fellow shareholders started to give him pressure because of his series of scandals about sexual harassment, macho culture in the company.

Even though he this billionaire was is the founder of Uber, lift-sharing platform which has become one of the giant companies of Silicon Valley.

After the sudden death of Mr. Kalanick’s mother in a boating accident, he was taking an indefinite leave of absence.

His reputation in the company is very ruthless and his machismo has led to some deeply uncomfortable reports about Uber’s culture.

Mark Cuban, the investor and mentor told New York Times, “Travis’s biggest strength is that he will run through a wall to accomplish his goals. Travis’s biggest weakness is that he will run through a wall to accomplish his goals. That’s the best way to describe him.”

One of the board members Arianna Huffington advised Mr. Kalanick that he needed to evolve his leadership style from “scrappy entrepreneur” to “leader of a major global company” in March.

President Jeff Jones joined the firm and have parted ways with the company in recent months but even he left before he could compete his one year anniversary.

In a statement to Recode he said, “It is now clear… that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber, and I can no longer continue as president of the ride-sharing business.”

Mr. Kalanick himself admitted that he is ashamed of his behavior and needs to change it for good.

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