Nov 21, 2023, 10:30 AM IST
Co-founder of the tech giant Apple, Steve Jobs, was let go from the business in 1985. His altercation with the board of directors of the company resulted in his removal. It was claimed that Jobs's dismissal was caused by his confrontational management style and lack of interpersonal skills.
But in 1997, Steve Jobs came back to Apple as CEO. He led Apple to greater heights during his second tenure as CEO, a position he held for the next 14 years until handing off the reins to Tim Cook.
Twitter's CEO Jack Dorsey was let go in 2008 after he co-founded the social media network in 2006. The Verge reports that the board of the company determined he was unfit to be the company's leader.
But in 2015, he was given his position as CEO back. Before retiring as CEO in 2021, he held the position for an additional six years. Parag Agarwal took over as CEO.
When Marissa Mayer was appointed CEO of Yahoo in 2012, the website celebrated the coup. She received a $23 million severance package when she resigned five years later.
There are rumors that Yahoo had significant security lapses during her tenure, putting user data at risk.
From 1999 until 2005, Carly Fiorina led Hewlett Packard as its CEO. But after serving on the board of the company for six years, she was let go because. It was reported that she had not implemented the intended strategy of cutting expenses and increasing revenue quickly. In 2002, she oversaw the purchase of Compaq Computer Corp. despite strong opposition from directors and shareholders.
Travis Kalan, the CEO of Uber, left the company in 2017. Barely a week after he started his indefinite leave of absence, he made the decision to exit.
In February, the business faced a serious crisis after a former worker revealed in a blog post about sexual harassment and discrimination at work.
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