Yahoo CEO Carol Bartz fired over the phone

Yahoo CEO, Carol Bartz has been fired from her position today with CFO Tim Morse taking over the role for the time being.

In an email to all of the companies employees she said,

“To all,

I'm 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 best going forward.

Carol
Sent from my iPad”

Supporters of Yahoo may or may not be surprised at the move by the board, as she has been unable to bring back the former glory that Yahoo once bathed in. She was appointed CEO back in January of 2009.

There has been tension brewing within the company over the past few months, which may explain the sudden move. Major shareholders have been pressuring the directors of the company to gain some of the success that they once experienced. Although the board fired Bartz, they failed to name who her successor will be, which leads many to speculate they wanted to remove her from the position in a snap decision.

Since the news Yahoo’s stocks have risen, although not by much – 0.31% at time of writing.

Update: Yahoo have confirmed the story as they released a public statement.

Image credit: AllThingsD

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Fritzly said,

Exactly; iPhone and WP7 phones, as well as Wm devices, have similar siignature by default.
Besides Yahoo stock was up 6.23% in after-hours trading.


Android doesnt.

brent3000 said,
I have my sig on my phone saying *Sent from my Windows Phone 7" as an added "Btw im messaging you from not my desk" type of message...

So why not have it something like "sent while on the move" or whatever?
Nobody really cares WHAT device you are using.

I am in agreement that it shouldn't be used.

Mr Spoon said,

So why not have it something like "sent while on the move" or whatever?
Nobody really cares WHAT device you are using.

I am in agreement that it shouldn't be used.

Then why is it such an issue? Who even gives a crap what her sig says, that's hardly the significant part of the email.

Like Johnny said, it's the default signature on emails sent from the iPad, and she's probably just got no interest in changing it.

Iridium said,
Sent from my device that like every other person that owns one i like to boast about having. It shows, im smart, ummm intelligent, proactive and that im clever.

Most CEO's and management don't really know anything about technology.

~Johnny said,

It's the default signature. Most people don't really bother (or know how, or care) to turn it off.

+1

Bye bye Carol.
The only thing I know she did was sign a deal with MS Bing and improve the Yahoo Mail design.

I bet those shareholders are wishing the board and Yang took Microsoft's original offer. I bet Microsoft is glad Yahoo didn't take their offer lol.

macrosslover said,
I bet those shareholders are wishing the board and Yang took Microsoft's original offer. I bet Microsoft is glad Yahoo didn't take their offer lol.

MS would've been glad if Yahoo took the original offer as prospects were higher two years ago and could have gotten the necessary regulatory approvals and completed merging all the assets by now.

But I can't honestly say what they would do right now if Yahoo wanted to come back to the table. If anything, I still think they are interested as Yahoo is valuable in fighting against Google and trying to boost their market share.

If you think about it, just about every web browser including Apple's Safari Web Browser, Mozilla Firefox's Web Browser, and Google Chrome's Web Browser use Google's Search Engine as their Default Engine.

damn how did she send an email to all of yahoo's employees from an ipad? they probably have thousands, right?

Gabe3 said,
damn how did she send an email to all of yahoo's employees from an ipad? they probably have thousands, right?

Probably some re-direct type e-mail like all.staff@internal.yahoo.com or something like that. I've seen similar setups in other companies.

Gabe3 said,
damn how did she send an email to all of yahoo's employees from an ipad? they probably have thousands, right?

Have you never heard of a distribution list?

Lord Venom said,
Yahoo should of been bought out by Microsoft several years ago, they would of been way better off.

that would be waste of money.

DrOmango said,
that woman dont even look like she would drive the company to the right path.

You can determine all that based on how she looks?

At least she didn't turn down that $44 Billion takeover bid by Microsoft in 2008, probably the worst choice they have made in recent times.

Yahoo and AOL are both sinking ships. It won't be long before they hit rock bottom. I have to agree with a few people on here. The problem for both is SPAM. There is spam in the email boxes and spam in the messenger service. That is what really mad me bail out on both of them. A major problem with Yahoo is that they are very slow in upgrades and changes to service. I have always had a problem with the platform and having to enter my screen name twice and password twice for certain services like Flickr. They should create a platform like Google and Windows Live has done and kill the SPAM!

@least they didn't fire her via email. I don't understand why tech based company's hire a female. I am not saying femeales shouldnt be CEO's. But let them be CEO in a business they can understand. Woman liek to use services like Yahoo, but using and understanding aren't the same.

How would she understand how to drive marketing and growth? She can't. Same thing happened to HP and other tech company's that had lady's at the helm.

Being a CEO of a makeup company, or perfume, clothing, jewelry and similar would be better.

Managing a tech company requires drive, understanding of technology and how to innovate what you already into something better. She shown none of this and neither did HP's old CEO.

I wish I could have heard the call. RING RING!! Morning Carol, I just called to inform you that you are FIRED!!! This takes effect IMMEDIATELY. Bye!

Wow! I didn't even get to say hello.

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