Uber CEO Travis Kalanick Resigns Over Pressure From Major Shareholders

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Uber CEO Travis Kalanick Resigns Over Pressure From Major Shareholders

That didn’t take long. Uber CEO and lactation meditator Travis Kalanick has resigned after taking an indefinite leave of absence eight days ago. The resignation comes after significant pressure from multiple shareholders, according to The New York Times.

Uber has consistently garnered negative press in the last few months with a shit storm of scandals that could only come from Silicon Valley, including illicit tracking of Uber users that had deleted the app and the firing of 20 employees, some of them senior officials, after a slew of previously ignored sexual harassment claims were publicized.

Kalanick helped found the ride-hailing service in 2009 and built the company into a transportation behemoth with a “brash approach” including misogyny, homophobia and threatening underperforming employees with a baseball bat.

Kalanick will remain in the board of directors and “in control of a majority of Uber’s voting shares,” so it sounds like he’ll still be around to work on his new moniker for the company, “Boob-er.” What a joy.

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