Uber CEO Announces Leave of Absence

Uber CEO Travis Kalanick announced in a company-wide email Tuesday that he plans to take a leave of absence and spend time reflecting on building a “world class leadership team.” He did not specify a return date. Bloomberg reported that Kalanick will be stripped of some of his duties, which will be handed off to a yet to be recruited chief operating officer. Uber has faced several issues regarding its workplace culture in the past few months, including claims of sexual harassment and discrimination. Kalanick's announcement came as former Attorney General Eric Holder and his law firm released several recommended company changes resulting from its investigation into recent controversies.