Bangalore: Who says people at top positions do not get fired? There is a long and interesting history of CEOs, founders and co-founders of companies who have got canned. Firing higher officials is not a new phenomenon but quite an old practice. Some are fired for all the right reasons, while some are fired for the wrong ones. TheStreet has collated a fascinating list of the founders of some very big global organizations, who were fired from their very own brain-child.

1) Eduardo Saverin -

Eduardo Saverin, the Chief Financial Officer of Facebook, was fired from our beloved social-networking site’s top position. As ‘The Social Network’ showed, Saverin was the one who funded Facebook when it needed money the most. Saverin’s sudden removal from his post makes us wonder as to what the real reason behind his getting fired was. No one is sure about the truth but it is speculated that Saverin got side-lined when Facebook got associated with Sean Parker; Co-founder of Napster, and Peter Thiel, a renowned hedge fund manager and venture capitalist. However, Saverin sued Mark Zuckerberg and Facebook and settled for an undisclosed amount. Here, one can never know the true reason behind Saverin getting fired.

2) Steve Jobs -

Steve Jobs was the  Chairman, Co-founder and CEO of Apple, which has changed the face of technology and technological thinking forever. Jobs was fired in the early 1980s and was succeeded by John Sculley. Sources say that Jobs was sacked over a power fight pertaining to pricing of the products. Sculley said that Jobs was not exactly fired from Apple but was demoted to a lower rank. Nevertheless, Jobs left the company and re-joined the company in 1996. His focus upon his return was on quality and not quantity and this is how he pushed Apple to its current position today. His perseverance has paid off and now Apple is synonymous with excellence.