"It was mutually agreed to end this cycle with the coach and we wish him well in the future," the Sao Paulo club said in a statement on Friday.
Last December, Cuca guided Palmeiras to their first top-flight title in 22 years before stepping down for personal reasons, reports Xinhua news agency.
He was reappointed in May following the dismissal of Eduardo Baptista.
Thursday's defeat to Bahia left Palmeiras' 14 points adrift of leaders Corinthians, all but dashing their title hopes with 11 matches remaining in the season.
Assistant coach Alberto Valentim will take charge of the nine-time Brazilian champions on an interim basis, starting with an away clash against Atletico Goianiense on Sunday.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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