Uber Inc.’s Chief Product Officer, Manik Gupta, has resigned from the position. His last day in office will be on 13th December 2019.
In his note to Uber’s product team, Gupta revealed that he had made the tough decision to leave the company, it being an important year for Uber after making it through the IPO.
Uber’s CEO Dara Khosrowshahi will take interim charge of the product team in the meantime.
Gupta joined Uber from Google in 2015 as a senior director of the maps and marketplace product team. In November 2018, he was promoted to Chief Product Officer.
Gupta’s departure comes shortly after Uber reported losses of more than $1 billion in its latest earnings report. Uber’s stock is currently trading at $26.78.
See Also: Uber sends home 435 workers in its second round of staff cuts.
Uber Inc. is an American multinational ridesharing company. Its services include peer-to-peer ridesharing, ride service hailing, food delivery, and a bicycle-sharing system. The company is based in San Francisco and has operations in over 785 metropolitan areas worldwide.
See Also:
