The new chief executive of the much maligned Uber platform has presented plans which focuses on more controlled spending in its attempt to grow.
The recently appointed, Dara Khosrowshahi, said his number one priority was to find a new chief financial officer "who can help the company balance its need to control spending with continued growth" according to Bloomberg .
The current Chief Legal Officer Salle Yoo is alleged to have sent an email to colleagues stating she would be leaving once a successor was found.
This latest change comes after Uber recorded losses of over $600m in the last quarter. Little evidence has been on offer to investors to show how the current business model could become profitable.