Fast on the heels of the news that front-page editor/vice president Liz Lufkin got a pink slip yesterday from Yahoo!, blogger All Things D (who clearly has an inside source) reports that CEO Carol Bartz has been fired as well. It sounds like investors have been impatient with Yahoo's stagnant stock price, and their ongoing failure to relive the glory days of 1999.
The Chronicle reports that Bartz announced her sudden firing via email to the company, and that CFO Tim Morse has been named interim CEO until a committee selects a permanent one. Bartz's failure to perform in her two and a half years at the company, they suggest, was because the former Autodesk CEO didn't really get the business they were in, or what to do with all of Yahoo's disparate web properties.
Yahoo employees are, as we speak, just getting out of an all-hands meeting at their Sunnyvale headquarters.
They remain the third highest trafficked site in the U.S., and the 4th worldwide, with very solid numbers in Asia especially.