The news of the day in the business world is the firing of Yahoo CEO Carol Bartz. Her termination, reportedly done over the phone by Yahoo's chairman of the board Roy Bostock, elicited a terse and honest e-mail from Bartz, reading: “To all, 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.”
The Washington Post's Jena McGregor writes a thoughtful analysis of the firing and e-mail in the PostLeadership blog. Bartz's firing brings up issues like CEO candor and gender (Bartz was one of the few high-ranking women in tech, says McGregor), but internal communications also bubbles to the surface. What does this e-mail mean for the 13,000 employees of Yahoo?
They no doubt already have morale issues because the company has struggled mightily. This can lead to more doubt about the company on their part. Should Bartz have been stopped from sending out a blanket note to thousands of employees? What can Yahoo do internally to negate the Bartz statement?
Yahoo’s Bartz Stung by Firing, Then Stings Back
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