Companies and Brands
Uber President Resigns -- Reuters
Published:
Last Updated:
Troubled ride-sharing service Uber lost its president, a former executive from Target Corp. (NYSE: TGT). Jeff Jones has quit, according to Reuters.
He made the following statement, according to Reuters:
“I joined Uber because of its mission, and the challenge to build global capabilities that would help the company mature and thrive long term,” Jones said.
“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,” he added. Jones wished the “thousands of amazing people at the company” well.
Uber has been rocked by accusations of favoritism by employees and disputes with drivers.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
