
The removalof Cyrus Mistry from the chairman position of Tata Sons has left everyonewondering about the abrupt removal of the top executive. Where this reflectsbadly on the company, the broader impact will only be clear once the companyreleases an official statement about the massive shake-up.
Withnothing concrete to blame on, social media is seeing a flurry of reactions tothe bold move by the board of Tata Sons.
Here are afew reactions:
Just to bury his Intolerance comment, Ratan Tata fired Cyrus Mistry.
- Gabbbar (@GabbbarSingh) October 24, 2016
Really strange news - Ta-ta to Cyrus Mistry. Uncertainty in India's most respected group not good for the nation.
- Harsh Goenka (@hvgoenka) October 24, 2016
#TataSons what's happened to Cyrus is a 'Mistry'!
- Harsh Goenka (@hvgoenka) October 24, 2016
The Mistry persists of why Ratan suddenly said Tata to Cyrus! #CyrusMistry @ETNOWlive @timesofindia @swapan55
- Reshmi Dasgupta (@ReshmiDG) October 24, 2016
Heads will roll now at Bombay House, the headquarters of the Tata group. Did the DoCoMo tussle matter? #CyrusMistry
- Madhavan Narayanan (@madversity) October 24, 2016
News from #TATA #CyrusMistry steps down...#RatanTata interim Chair
- Snehal (@musingsman) October 24, 2016
What about his investments? #conflictofinterest much??
What was the urgency to sack #cyrusmistry abruptly and bring in #RatanTata as interim chairman for four months??
- Kanchan Srivastava (@Ms_Aflatoon) October 24, 2016