Travis Kalanick resigns as Uber CEO

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Travis Kalanick has stepped down as CEO of Uber. The news comes as the company has been hit with an extended barrage of scandal and controversy; Kalanick had already recently taken a leave of absence following the death of his mother.

According to The New York Times, a group of major Uber investors demanded Kalanick’s resignation earlier Tuesday. Kalanick will reportedly stay on Uber’s board.

“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors’ request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement to the Times.

Uber’s troubles this year have included widespread allegations of sexual harassment, a video showing Kalanick engaging in a belligerent argument with a driver, a major lawsuit claiming intellectual property theft from Google’s Waymo self-driving car unit, and more. The company recently fired more than 20 employees as a result of a probe into its work culture.

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