“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,” Carol Bartz wrote to Yahoo staff on Tuesday night to inform them of her sudden departure as chief executive.
While Bartz’s contract still had 16 months left to run, which suggests she will leave with generous severance pay, her exit has not come as a surprise to Silicon Valley insiders.
Rebecca Knight has written for this blog about a US study that proved what we all knew to be the case: despite the fact that jobs in science, technology, engineering and mathematics attract up to 33 per cent higher salaries than those in other industries, women still are not choosing them.
The rot, says Leslie Sobon, corporate vice-president of product marketing at AMD, the microchip maker, sets in early.