Uber Founder Travis Kalanick Resigns as CEO: NYT

Travis Kalanick has resigned as the CEO of Uber, as reported by the New York Times. Initially, it seemed he would take a sabbatical, but it has been confirmed as a resignation. Uber, a $60 billion company, has faced significant challenges, including allegations of sexual harassment and negative press, which have affected investor confidence. Consequently, some top managers are expected to leave or take leaves of absence.

What position did Travis Kalanick resign from?

What did the New York Times report about Kalanick's future role?

What was the financial status of Uber at the time of Kalanick's resignation?

What were some of the issues that led to Kalanick's resignation?

How did the resignation of Kalanick affect investors?