Yahoo's Bartz departs (week in review)
Carol Bartz is fired from her post as Yahoo CEO but doesn't leave quietly. Also, Sprint files suit against AT&T's merger with T-Mobile and the iPhone 5 remains very elusive.
Carol Bartz was fired this week from her job as Yahoo CEO, but she didn't leave quietly.
In a note sent to Yahoo employees Tuesday, Bartz said the. "I am very sad to tell you that I've just been fired over the phone by Yahoo's chairman of the board," Bartz wrote. "It has been my pleasure to work with all of you and I wish you only the best going forward."
In her first interview after the firing, however, she was. "These people fucked me over," Bartz told Fortune.
Bartz, who in the interim has been replaced by Chief Financial Officer Tim Morse, will receive a, according to regulatory filings. When she took over the CEO role from co-founder Jerry Yang in January 2009, the company was struggling to become more competitive and profitable. One of her first tasks as CEO was a reorganization of Yahoo in an attempt to make the Internet pioneer faster, simpler, and more responsive to those who use its services. But under her leadership Yahoo has , never regaining the ground it lost to Web leader Google.
Some, however, believe that the set up to fail. One major Yahoo shareholder of directors at the company.for the Bartz flameout and other company failures, and that Bartz was
Others add that, with Bartz out, the, in pieces or in total, is now.
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