Uber confirms CEO stepping down

Travis Kalanick

Co-founder/CEO of Uber, Travis Kalanick. AFP FILE PHOTO

Uber chief executive Travis Kalanick has stepped down from his job, the company spokesman said on Wednesday, confirming a report in the New York Times.

Kalanick had already been on a leave of absence aimed at restoring confidence in the scandal-plagued ridesharing giant, but on Tuesday quit completely after five of the company’s major investors demanded his departure, the paper said.

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