Uber Technologies Inc is a transport company that was co-founded in 2009 by Garrett Camp and #Travis Kalanick. With its headquarters in San Francisco California, it has grown fast and is now operational in over 570 cities worldwide, and has over 12,000 employees. Garrett Camp in a post on Medium said that he believes that #Uber has the ability to grow x10 the impact it has today, provided they have additional leadership and training in place, plus evolve their culture to be more inclusive and respectful.

Although, he refrained from mentioning Travis, he did mention that with everything that was happening in the company he felt upset and deeply reflective stating that when they created the app they were focused on an app that would make it easier to move around, and now seven years later were not prepared for the fast growth.

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He also says that this was causing issues in the company. He wrote "Now is that time… to pause for a moment and think about what really matters here: providing 65 million riders transportation when they need it, giving 2 million drivers flexible work options, and creating a company culture we are proud of."

Some of the recent issues facing Uber and Kalanick

A former Uber engineer opened a floodgate of complaints after she detailed what she called #Sexual Harassment in the company which in turn spurred internal investigations. The company also has an intellectual property lawsuit from Waymo a self-driving car business operating under Google, plus a federal inquiry into a tool that Uber used to sidestep law enforcement.

Uber has had 14 other top executives leave the company this year, including former president Jeff Jones, the head of communication Rachel Whetsone and senior vice president of engineering Amit Singhal.

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This list of executive positions that need to be filled includes the CEO, chief operating officer, general counsel senior vice president of engineering, chief marketing officer, and a board chair.

Uber needs to stabilise

For a company valued at around $70 billion is not the best place for it to be as those positions need to be filled and to be filled correctly if Uber has any hope of stabilising itself, creating positive PR, and increase its effectiveness in the sector.

Kalanick last week said he was taking a leave of absence as he was to use the time off to mourn the death of his mother, who died in a boating accident in May. His ouster comes as a shock to tech and business analysts who expect him to come back and take his position at the helm. The New York Times reported that five of Uber's investors did not want Kalanick to come back to the role and are said to have demanded his resignation, in a letter titled "Moving Uber forward," they did not, however, remove him from the board.

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Kalanick released a statement saying “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted by another fight.”

5 shareholders that forced the change, plus better days ahead for drivers

The five shareholders who demanded his removal include some of the technology industry most prestigious capital firms. They are Benchmark, First Round Capital, Lowercase Capital, Menlo Ventures, and Fidelity Investments. Put together they own more than a quarter of Uber’s stock and because some of the investors hold a type of stock that endows them with an outsize number of votes, they also have about 40 percent of Uber’s voting power.

Uber drivers this week received an email informing them that they will soon be allowed to receive tips; this is one of the several new initiatives announced for drivers. The company also said that over the next 180 days they will be committed to making driving with Uber greater than ever.