Uber New CEO Dara Khosrowshahi

Dara Khosrowshahi's statement comes days after several IT companies have decided to hand over pink slips to their employees

Kalanick, 43, has sold all of his remaining shares in the ride-hailing giant and plans to focus on his new business and philanthropic endeavours

He says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand

Recently Travis Kalanick appointed two new directors - Ursula Burns and John Thain to the company without informing them