Moneycontrol
Mar 20, 2017 08:55 PM IST | Source: PTI

Unhappy with company's strategies, Uber President Jeff Jones steps down


Ridesharing giant Uber took another hit with the departure of its president, Jeff Jones, after just six months, US media reported Sunday.

Jones' departure comes after a series of difficulties at Uber, Recode and The Wall Street Journal reported.

According to Recode, Jones had voiced dissatisfaction with the company's

strategies.

Reached by AFP, Uber would not conform the report as of

late Sunday.

"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 ridesharing business," he said in

a statement to Recode.

Uber CEO Trevor Kalanick had asked for his resignation.
San Francisco-based Uber has also been rocked by
disclosures about a culture of sexism and its covert use of

law enforcement-evading software.

Kalanick also made a hasty exit from a business advisory
panel for President Donald Trump after a consumer boycott
campaign fueled by concerns that he was aiding a leader with

divergent values.

Uber, which is not publicly traded, is worth about $70

billion and operates in dozens of countries.

According to Forbes magazine, Uber's lofty value givesKalanick a personal net worth of USD 6.3 billion.

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