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flag Carl Icahn fired 12 floors of employees after failing to understand their roles, reinforcing his activist investing strategy focused on reforming inefficient companies.

flag Carl Icahn described firing 12 floors of employees at a company he acquired after failing to understand their roles despite days of investigation, even with consultant help. flag A St. Louis operations leader advised eliminating the group, which Icahn did, with no major backlash or disruption. flag The incident reinforced his view that many corporations suffer from inefficiency and misaligned leadership, prompting his activist investing strategy: buying undervalued firms during pessimism and holding them for years to drive long-term value through accountability and reform.

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