Join Hands to Build a Smarter India: Sign in | Join now

6 CEOs Who Were Fired From Their Own Companies

By SiliconIndia  |   Sunday, 16 June 2013, 20:21 Hrs
Print Email

Bangalore: Amazing it may sound the way these companies, though with a humble beginning, grow into untamable giants. Apple and Google were started in garages, while Dell and Facebook in dorm rooms. The growth of the companies comes with the untiring efforts the founders put into them. You may extol the efforts of the founders and feel inspired by their success story, but at the same time amazed if they get fired by their own companies. There are a bunch of such examples, read on to know 6 of them, as compiled by Forbes.

#6 Jerry Yang

Jerry Yang, the co-founder of Yahoo!, when he took the regime as CEO, he had been criticized by many investors, for not increasing revenues and stock price, while there has been an exodus of executives. Yahoo!'s stock price plummeted after it rejected a takeover from Microsoft, a bid that Yang strongly opposed. On November 17, 2008, The Wall Street Journal reported Jerry Yang would step down as CEO as soon as the company found a replacement. On January 17, 2012, Yahoo! announced that Jerry Yang will be leaving the company, and will be resigning from the board and all other positions at the company. The company also announced his resignation from the boards of Yahoo! Japan and Alibaba Corp.

Read Also: 10 Most Valuable Tech Companies Of 2013
Read more: Top 10 Hacker-Filled Countries In The World

Experts on SiliconIndia
Zafar  Ahmad
IT Project Manager
Prakash  Kumar
Director IT
Delta Electronics In
Aakash  Mulchandani
Sr. Engg
Siddharth  Sharma
Assistant Manager
Guruprasad  Hegde
Founder and CEO
Suresh  Avantsa
hubVirt Software
Chayan  Bhattacharjee
Manoj Chandraprakash Powar
Managing Partner
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   Events   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved