Menu

Search

  |   Technology

Menu

  |   Technology

Search

After Levandowski, Uber CEO Travis Kalanick Might Be Getting The Boot Next

Travis Kalanick.Heisenberg Media/Flickr

It’s not a secret that Uber has been going through some rough times recently, what with all the scandals and the ongoing Waymo lawsuit. To top it all off, the company’s CEO Travis Kalanick had to take a leave of absence due to the tragic accident involving his parents. Apparently, this was the subject of a board of directors meeting last Sunday, which puts the current Uber boss’ future in question.

The information regarding the contents of the meeting came via three anonymous sources who were familiar with the matter, The New York Times reports, who revealed quite a few interesting developments. Aside from Kalanick’s absence itself, it would seem that the meeting’s agenda also included the internal company investigation that US Attorney General Eric H. Holder Jr had recommended.

Expected to last a month, this particular investigation is meant to go deep and uncover any illicit activities within the company. Hundreds of employees are going to be interviewed and Emil Michael might be removed from the picture. Michael is a close friend and ally of Kalanick, which would make his presence during the investigation rather tricky.

In any case, if the findings of the research paint a bleak picture or even before then, Holder’s recommendation also included some proposed changes to how the company works. During the meeting, the board was supposed to take a vote regarding the actions that they were going to take with regards to the recommendation.

As for Michael himself, it would seem that he understands his precarious position within the company and is preparing to resign, The Wall Street Journal reports. This would make Kalanick’s own future in Uber less stable than when he left, particularly if his promise of becoming a better leader a few months ago to employees is proven to be nothing but hot air.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.