09/17/2007 AT 08:00 PM EDT
's manager has quit – issuing a statement Monday just hours after her lawyer also stopped representing her.
"It saddens us to confirm media reports that we have terminated our professional relationship with Britney Spears," her management company The Firm said in the statement. "We believe Britney is enormously talented, and has made a terrific record. But current circumstances have prevented us from properly doing our job. We wish Britney the best."
The statement didn't say what those circumstances were.
But Spears has stumbled recently in her career comeback. After releasing a new single "Gimme More" to strong reviews
, she gave a disappointing performance
opening the MTV Video Music Awards.
The statement confirmed a story first reported by CelebTV.com
Spears had been represented by Jeff Kwatinetz of The Firm for the past month. He was the second person leaving Spears's camp on Monday.
Earlier in the day, Laura Wasser stepped down
as her attorney in the custody battle with Kevin Federline
. Wasser said Spears would be in "excellent hands" with her replacement and added, "I don't want anyone to perceive that we're dumping Britney."
Reporting by ALEXIS CHIUWho's turning 40? Which celebs are high school dropouts? What's hot and definitely not in fall fashion?
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