Thuan Pham, Uber’s CTO has resigned and this is expected to take effect by May 16th according to the company in a regulatory filing on Tuesday.
Pham joined the company back in 2013 and has been among the senior executives at the company ever since. His departure came at a really crucial period for the ride-hailing company due to the Stay-at-home obligation from governments of many cities around the world which had taken a big negative impact on the transportation industry at large.
The company has been announced to be planning on cutting its workforce by 20% due to the pandemic according to reports on Tuesday.
The layoff could result in a total of 5,400 job loss of the Uber’s 27,000 employees. The reduction isn’t yet finalized but could be announced in stages in the coming weeks according to the report.
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Pham is leaving as the 3,800-person Uber engineering group could be slashed by nearly 800 people in the coming weeks under the proposed job cuts, The Information reported.
“The company is looking at every possible scenario to ensure we get to the other side of this crisis in a stronger position than ever,” a spokesperson for the company said.