Bartz said in a memo to employees that she was fired over the phone, one of the sources said.
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"I am very sad to tell you that I've just been fired over the phone by Yahoo's Chairman of the Board," she said in a terse email. "It has been my pleasure to work with all of you and I wish you only the best going forward."
The company's board named Chief Financial Officer Tim Morse as the interim CEO, the other source said.
(Reporting by Alexei Oreskovic; editing by Carol Bishopric)