Uber CEO Vacation Weight due to obsence

Business |  IANS  | Published :

Washington, June 12: The ride-hauling service moved Uber Company's leadership to move, allegations that company executives were spoiled for sexual abuse and other corporate abusers, the media reported. On Sunday, Uber directors weighed on a three-month leave of absence for Travis Kalanick, the 40-year-old CEO who founded the start-up and have turned it into a nearly $70 billion entity, reports The News York Times.


In addition, a representative for Uber's board said the directors "unanimously voted" to adopt all of the recommendations made in a report by the former attorney general Eric H. Holder Jr., who was retained to investigate the company's culture. According to sources, the moves would scale back the involvement of Kalanick and strip him of an ally. The changes would also further destabilise the leadership at Uber, which has upended the transportation industry worldwide.


Kalanick proposed the idea of taking time off after a boating accident last month that killed his mother and sent his father to the hospital. The discussions by the nine-member board preceded a report from Holder's investigation, scheduled to be released on Tuesday, the New York Times reported. Uber has fired more than 20 employees for infractions including sexual harassment and discrimination.


Uber avoids other issues including intellectual property dispute over Waymo car technology, a self-driving car business that operates in Google's parent company. The agency is dealing with a Justice Department investigation, which has used the authorities to avoid law enforcement officers in cities to shut down the ride-hailing service to the authorities.








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