AIRLINK 74.92 Decreased By ▼ -0.33 (-0.44%)
BOP 5.07 Decreased By ▼ -0.04 (-0.78%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 34.15 Increased By ▲ 1.62 (4.98%)
DGKC 88.95 Decreased By ▼ -1.40 (-1.55%)
FCCL 22.70 Decreased By ▼ -0.28 (-1.22%)
FFBL 33.04 Decreased By ▼ -0.53 (-1.58%)
FFL 9.94 Decreased By ▼ -0.10 (-1%)
GGL 11.20 Increased By ▲ 0.15 (1.36%)
HBL 114.80 Decreased By ▼ -0.10 (-0.09%)
HUBC 136.19 Decreased By ▼ -1.15 (-0.84%)
HUMNL 9.87 Increased By ▲ 0.34 (3.57%)
KEL 4.61 Decreased By ▼ -0.05 (-1.07%)
KOSM 4.79 Increased By ▲ 0.09 (1.91%)
MLCF 40.00 Decreased By ▼ -0.54 (-1.33%)
OGDC 140.00 Increased By ▲ 0.25 (0.18%)
PAEL 27.50 Decreased By ▼ -0.15 (-0.54%)
PIAA 25.30 Increased By ▲ 0.90 (3.69%)
PIBTL 6.87 Decreased By ▼ -0.05 (-0.72%)
PPL 123.99 Decreased By ▼ -1.31 (-1.05%)
PRL 27.45 Decreased By ▼ -0.10 (-0.36%)
PTC 14.05 Decreased By ▼ -0.10 (-0.71%)
SEARL 62.15 Increased By ▲ 0.30 (0.49%)
SNGP 72.49 Decreased By ▼ -0.49 (-0.67%)
SSGC 10.49 Decreased By ▼ -0.10 (-0.94%)
TELE 8.77 Decreased By ▼ -0.01 (-0.11%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 66.50 Decreased By ▼ -0.10 (-0.15%)
UNITY 25.77 Increased By ▲ 0.62 (2.47%)
WTL 1.39 Decreased By ▼ -0.05 (-3.47%)
BR100 7,804 Increased By 1.6 (0.02%)
BR30 25,693 Decreased By -122.9 (-0.48%)
KSE100 74,530 Decreased By -1.1 (-0%)
KSE30 23,986 Increased By 31.4 (0.13%)

image

The new age car-ride hailing company, Uber has confirmed that their freshly hired president has decided to part ways with the venture.

In an interview with Reuters Jones said, "I joined Uber because of its mission and the challenge to build global capabilities that would help the company mature and thrive long term."

According to Recode, Jones confirmed his departure saying, It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber and I can no longer continue as president of the ride sharing business.

Jeffs role as a COO became uncertain when the company started a search for a chief operating officer to help run the company alongside Chief Executive Travis Kalanick. The reason behind this decision could be the incompatibilities between the company and Jones ideology.

Uber also issued a public statement by Travis Kalanick, We want to thank Jeff for his six months at the company and wish him all the best.

The company has been going in a deep spiral losing one credible employee after another, last month engineering executive, Amit Singhal resigned after being accused of sexual harassment by his previous work place, Googles Alphabet Inc's. Earlier this month Ed Baker, Uber's vice president of product and growth and Charlie Miller, Uber's famed security researcher, too parted ways with the ride-hailing giant.

Ubers Chief Executive, Travis Kalanick is now in a very critical position, striving hard to save companys long lost reputation.

Copyright Business Recorder, 2017

Comments

Comments are closed.