Beleaguered search engine Yahoo has today fired its CEO Carol Bartz replacing her with Timothy Morse and may now by open for sale. Its been revealed by an email written by Bartz and sent the the AllThingsD website. That Bartz was fired over the telephone, and communicated this to her employees via her last email, which can be viewed after the jump.

 

In addition to the firing of its CEO, a Yahoo insider contacted the Wall Street Journal suggesting that Yahoo maybe “open to selling itself”. Although no official statement has been made as yet by Yahoo.It will be interesting to see what now happens to search and email company and if a new leader or sale will be able to turn its fortunes around.

Carol Bartz’s final email from Yahoo:

To all,

I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward.

Carol