Participation at Uber Headquarters in San Francisco began on May 10th. 5.30 pm When the company launched its initial public offer (IPO), The Washington Post reported Faiz Siddiqui.
San Francisco employees reported that they started using the office in the morning and continued all afternoon by spraying champagne and consuming drinks stored on their tables, as Travis Kalanick, one of the company's founders, was CEO. (Kalanicki was replaced by Dara Khosrowshahi in 2017)
San Francisco celebrations have led one employee to resign after The Post described it as a "verbal outbreak and dispute with colleagues" and forced the company to stop another employee from driving, according to The Post . It was reported that the party in the satellite office in California was closed.
Read more: Dara Khosrowshahi has not yet received $ 1
immediately respond to Business Insider's request to comment .
The Post report on Uber's IPO Day celebrations recalls that Kalanick's government-led leadership said the company had created a hostile, over-competitive environment that was particularly harmful to women.
Concerns about Uber's workplace culture have contributed to Kalanicki's departure and the recruitment of Khosrowshahi, who has highlighted cultural changes during his term. He described this goal in 2017. LinkedIn's post, where he wrote: "We are doing the right thing.
Before the takeover of Khosrowshahi, Uber hired former US Attorney General Eric Holder to investigate the company's culture, and in a 13-page report, Holder's recommendations included a ban on alcohol consumption during working hours and "events as a component of alcohol as a work component. "The Uber Board has agreed to implement all of Holder's recommendations.
The price of the first Uber share on the first trading day fell by 6.7%, though it recovered to its initial price of $ 42 on Friday when the market opened.
The History of the Washington Post