Word: wozniak
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Dates: during 1980-1989
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...work to do and no access even to regular management reports. I am but 30, and want still to contribute and achieve." Apparently intended to arouse sympathy, the tone of the letter and its public release struck some Apple executives as a clear attempt to embarrass them. Said Steve Wozniak, Apple's co-founder who left the company last February to establish his own electronics firm: "Steve can be an insulting and hurtful guy." One wag dubbed Jobs the John McEnroe of business...
...company has also been torn by internal dissension. Co-Founder Steve Wozniak, 34, left Apple in February following disagreements concerning the direction the company was taking. Chairman Steven Jobs, 30, was kicked upstairs last month during a power struggle with President and Chief Executive John Sculley, 46, a former PepsiCo executive hired in 1983 for his marketing skills...
Sculley has launched a sweeping reorganization as he has consolidated power. Gone are the two separate divisions that produced the firm's Apple II and Macintosh models. They reportedly feuded frequently. Apple will now be divided along more traditional manufacturing and marketing lines. Wozniak applauds the change. Says he: "I think the reorganization immensely strengthens the company. There's been this feeling at Apple, largely spearheaded by Steve Jobs, that we're so powerful...
Apple Computer has become the symbol of American entrepreneurs. In his tax speech last week, President Reagan alluded to its two founders, Steven Jobs and Stephen Wozniak, who started the firm in a garage and set out on a "golden future." The President may have spoken too soon. Wozniak left the company in a huff in February after a disagreement over policy, and last week Jobs lost his position as director of the division that produces the company's powerful and popular Macintosh computer. The move came as part of a major company reorganization. John Sculley, Apple's chief executive...
Meanwhile, morale at Apple's Cupertino, Calif., headquarters has been sagging. In recent months several executives have sold part or all of their company stock, and some senior managers and engineers have resigned. Stephen Wozniak, who co-founded the company in 1976 with Chairman Steven Jobs, has left his day-to-day duties to start a new company. Since February the company's stock has plummeted by one-third to close last week at 20 1/4. That has generated talk in the industry that Apple will become the target of a takeover attempt or merger bid, possibly...