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Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according
by kafkaesq 9y ago
Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, according to a source familiar with the outcome of a Sunday board meeting.
Where "is likely to take a leave of absence", in this context, is shorthand for "has grudgingly agreed to resign as soon as we can find a replacement -- which, believe us, we intend to do as soon as humanly possible. But we'll in the interim call it 'taking leave' to soften the overall business impact -- and of course to at least attempt to staunch the exodus of the best and brightest of our employees, no doubt already in progress."
- smacktoward 9y agoAnd to let whoever hands him the inevitable plush consolation gig as a advisor/VC/"entrepreneur-in-residence"/whatever do so with the minimum possible amount of embarrassment.