CAPE TOWN, WESTERN CAPE

UBER PRESIDENT QUITS AFTER 6 MONTHS

Ridesharing giant Uber took another hit with the departure of its president, Jeff Jones, after just six months, US media reported Sunday.
Jones’ departure comes after a series of difficulties at Uber, Recode and The Wall Street Journal reported. According to Recode, Jones had voiced dissatisfaction with the company’s strategies.

Reached by AFP, Uber would not conform the report as of late Sunday.

“It is now clear, however, 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 ridesharing business,” he said in a statement to Recode.

Uber CEO Trevor Kalanick had asked for his resignation.

San Francisco-based Uber has also been rocked by disclosures about a culture of sexism and its covert use of law enforcement-evading software.

Kalanick also made a hasty exit from a business advisory panel for President Donald Trump after a consumer boycott campaign fueled by concerns that he was aiding a leader with divergent values.

Uber, which is not publicly traded, is worth about $70 billion and operates in dozens of countries.

According to Forbes magazine, Uber’s lofty value gives Kalanick a personal net worth of $6.3 billion.

  • Times Live

 

PHOTO: A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph. Image by: TOBY MELVILLE / REUTERS

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s