Uber’s losses narrowing

Uber posted a $708 million loss in the most recent quarter and said its head of finance is leaving the company, the latest executive to depart in what has been a very tough year to date.

Uber told the Associated Press Thursday that its first-quarter loss was narrower than the $991 million loss it posted in the previous quarter. It had revenue of $3.4 billion, up 18 percent from the final three months of last year.

Thursday’s announced departure of head of finance Gautam Gupta adds to Uber’s struggles.

The San Francisco company recently lost its head of communications, president and other senior executives as it faces allegations of sexism and sexual harassment in the workplace. CEO Travis Kalanick had to apologize this year after video of him arguing with an Uber driver was made public. And the Justice Department is probing allegations that Uber used an app to thwart authorities who were trying to determine if the company was following local regulations.

Gupta’s departure comes just days after Kalanick’s mother was killed in a boating accident.

The company this week followed through on threats to fire star autonomous-car researcher Anthony Levandowski, whose hiring touched off a bitter trade-secrets fight with Waymo, the former selfdriving car arm of Google.