Recently, the tech world has been buzzing with recent corporate blow-ups involving high level executives. Indeed, recently, Carol Bartz, the then-CEO of Yahoo, was fired over the phone and subsequently publicly denounced her boss as a “doofus”. As reported in Canadian Business magazine, Michael Arrington’s recent spat with his former employer, AOL, also went swimmingly. Both high-profile terminations had an effect on the employers.
Bartz mainly damaged her own career prospects, but her public outburst reflected poorly on the company. The incident almost certainly hurt employee morale, riled activist investors and added to Yahoo’s legal fees.
Less than a week
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