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Uber Founder Travis Kalanick Resigns Under Pressure from Investors

HeadlineJun 21, 2017

Uber founder Travis Kalanick has resigned as CEO amid a widespread sexual harassment scandal at the Wall Street-backed ride-hailing company. His departure comes after a revolt by a number of investors who demanded Kalanick’s ouster. Last week, billionaire David Bonderman also resigned from Uber’s board, after making disparaging comments about women at a board meeting intended to address sexual harassment, saying that if there were more women on the board, “it’s much more likely to be more talking.” At least 20 Uber workers have also been fired over the reports of sexual harassment.

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