By Dian L. Chu, EconMatters In late 1996, Steve Jobs returned to Apple (AAPL) after being ousted as CEO 12 years earlier. He soon became Apple’s interim CEO, and immediately terminated a number of non-profitable projects. By wikipedia’s account, many employees were in fear of bumping into Jobs in the elevator–‘afraid that they might not have a job when the doors opened.” But it was Jobs doing what was necessary to restructure Apple into profitability, which he has done very successfully, and the company has never…
***This is a preview. Please go to http://www.econmatters.com, or mobile reader http://bit.ly/dianchu-mobile for full content. ****
