2017 is definitely not Uber‘s year.
The company has faced multiple accusations including sexism and sexual harassment in the work place, a lawsuit from Alphabet (Google’s parent company) for stealing trade secrets, and underpaying their NYC drivers for almost three years. This is in addition to accusations of racism, that allegedly led to a former employee’s suicide.
Travis Kalanick, the company’s founder and CEO hasn’t had a good year, either. In February, a video was released showing Travis yelling at an Uber driver who asked him questions about fares. Sadly, in May, Travis’ mother, Bonnie Kalanick died in a boating accident. In June, he announced he would take an indefinite leave from the company amidst a series of scandals, stating, “If we are going to work on Uber 2.0, I also need to work on Travis 2.0 to become the leader that this company needs and that you deserve.” However, after pressure from investors, just one week later, he has officially resigned.
While Travis’ resignation has come as a shock to many (okay, not really), the even more shocking fact is that in 2017 Uber has already lost or fired 17 high-level executives and only made two new hires (one being Bozoma Saint John as Chief Brand Officer). With no CEO, no SVP of Business, no Chief Technology Officer, no President, no Head of Finance, no SVP of Engineering, no VP of Product and Growth….the question is, who is running Uber? There are rumors of more departures coming. Talk about some serious house cleaning.
It will be interesting to see what a 2.0 version of this company looks like and who the board chooses to instate as CEO.