The news is all over the internet, mainly because it is very humiliating, but who are we to judge, when we do not know what was really happening? Therefore, the CEO of Yahoo, Carol Bartz,after 21 years of financial lethargy was fired over the phone, by the Chairman Roy Bostock and she confirmed that rumor by sending an email to the Yahoo employees. In meantime, the chief financial officer at Yahoo, Tim Morse will take her place, until they find someone else. In less than four years, Yahoo replaced three CEO`s, and it that time Yahoo lost most of its popularity. Well, lets see what will happen now with Yahoo. Here is the email from Carol:
I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward.