Following pressure from investors, the embattled Chief Executive of Uber, Travis Kalanick resigned last week.
Kalanick, who helped to establish the company eight years ago and turn the firm into a global service, was in the firing line when it came to the firms' abusive, sexist and discriminatory culture. In a move deemed by stakeholders as better for the business, Kalanick stepped down as CEO but will remain a board member.
Since his resignation, however, more than 1,000 Uber employees have signed a petition calling for the Board to reinstate Travis Kalanick in an operational role.
Employees have said that uncertainty about leadership at Uber has made it difficult to work. Some are considering leaving, apprehensive about Uber’s ability to raise new funds. Others are worried about missing out on a big payday if they leave before their stock options fully vest, which takes four years, or before a reinvention of the company culture – The Wall Street Journal (WSJ) reports.
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