Both the Chief Executive Officer and Senior Vice President of Uber Technologies Inc. have departed their positions, in a sign of impending doom for the troubled ride-sharing company.
Free Confidential Lawsuit Evaluation: If you or a loved one was an Uber passenger who was injured in a car accident, you should contact our law firm immediately. You may be entitled to compensation by filing a suit and our lawyers can help.
What’s the problem?
June 22, 2017 – Uber announced Monday that its board had unanimously approved recommendations stemming from a report prepared by former U.S. attorney general Eric Holder into the ride-sharing giant’s cultures and practices.
One of the first recommendations acted upon was the departure of Emil Michael, vice-president and second-in-command under CEO Travis Kalanick, who left the company Monday. Details of the ousters are still emerging.
Uber’s troubles raise questions as to how a ride-sharing company with a severely flawed corporate culture was able to earn a valuation that exceeds Ford and General Motors. Amid allegations of sexual harassment and high-profile executive departures, Uber is facing a gloomy future and potential collapse.
The hashtag #DeleteUber reflects consumer frustration with the company’s practices, such as reports the company implemented surge pricing following this month’s London terror attacks.
“Uber is an adolescent brand, but they are dealing with very adult brand problems,” said Matt Rizzetta, CEO at North 6th Agency, a New York branding and communications agency. “The first thing they have to do is look at the leadership, and ask if they have adults or adolescents running it.”
Uber is dealing with a host of problems, ranging from sexual harassment allegations, misuse of data claims, and failure to screen out drivers with problematic backgrounds. High-profile cases of drivers assaulting passengers have only added to concerns about the company’s internal controls.
Do I Have an Uber Accident Lawsuit?
The Product Liability & Defective Drug Litigation Group at our law firm is an experienced team of trial lawyers that focus on the representation of plaintiffs in Uber lawsuits. We are handling individual litigation nationwide and currently accepting new injury and death cases in all 50 states.
Free Case Evaluation: Again, if you were injured in an Uber crash, you should contact our law firm immediately. You may be entitled to a settlement by filing a suit and we can help.