Yahoo has fired chief executive Carol Bartz and replaced her on an interim basis with chief financial officer Tim Morse, ending a rocky two-year run marked by stagnating growth and a bitter rift with Chinese partner Alibaba.
The outspoken Ms Bartz, famous for her salty language, said in a two-sentence email to employees that chairman Roy Bostock had fired her over the phone.
Mr Bostock had voiced his public support in June for the CEO, a lightning rod for criticism from Wall Street and known for her tough attitude.
"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," Ms Bartz said in the email.
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