Became de facto Chief After Then-CEO Gil Amelio was Ousted

In July 1997, Steve Jobs became the de facto chief of Apple Inc. following the ousting of then-CEO Gil Amelio. His formal appointment as interim chief executive occurred on September 16 of the same year. Faced with the challenge of restoring Apple's profitability, Jobs made the difficult decision to terminate several projects in March 1998, including Newton, Cyberdog, and OpenDoc. These cuts were part of a broader strategy to streamline operations and focus on core products. However, this period was marked by a palpable tension within the company. Many employees developed a fear of encountering Jobs in the elevator, worried that they might lose their jobs when the doors opened. Although Jobs's firings were not as frequent as the atmosphere suggested, the few dismissals were enough to instill a sense of dread among the workforce. This era highlighted Jobs's intense leadership style and his commitment to turning Apple around during a critical time in its history. #mooflife #mof #MomentOfLife #SteveJobs #AppleInc. #GilAmelio #CorporateLeadership #BusinessStrategy