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00:00:00
>> Uber CEO Travis Kalanick quitting President Donald Trump's economic advisory council Thursday, after days of criticism about his decision to work with the President. According to media reports, Kalanick in a memo to employees wrote, quote, Earlier today I spoke briefly with the President about the immigration executive order and its issues for our community.
00:00:19
I also let him know that I would not be able to participate on his economic council. Joining the group was not meant to be an endorsement of the president or his agenda, but unfortunately it has been misinterpreted to be exactly that. Uber has faced growing back lash from enraged customers, for conducting business as usual following Trump's ban on immigrants from seven muslim countries.
00:00:39
Even as yellow cab drivers around New York Cities JFK airport, went on strike to protest the ban. That decision sparking a social media campaign against the ride sharing company, with #DeleteUber trending online. Reuter's tech editor Jonathan Webber.>> The tech industry especially, that is a very immigrant dependent industry, a lot of the great founders and CEOs were immigrants.
00:01:04
Steve Jobs was the son of a Syrian immigrants. Immigrants run a lot of companies here, they're employed by many companies. And Silicon Valley companies believe it's crucial to be able to recruit globally, to get the best and the brightest. And so this very severe, harsh and unpredictable kind of crackdown on immigrants, is really a major problem for the tech business.
00:01:26
>> Later, Kalanick in an email to employees tried to contain the damage saying, Uber would compensate the families of drivers who might have been traveling outside the US. And would not be able to support their families until they could get back in. Kalanick's cancellation could put pressure on other CEOs expected to attend the meeting.
00:01:43
From companies including JPMorgan Chase, GM, Blackstone, and IBM. Disney CEO Bob Iger also backing out of the visit, reportedly due to a previously scheduled board meeting.