"She liked being loved" is a probably a quaint (and fairly sexist) euphemism for "She wasn't going along with the plan."
As others have said, the typical corporate-raider plan is to slash costs (i.e., mass layoffs), sell off assets, create the appearance of a turnaround, capture the upside, then jump ship. Mayer was to be a figurehead in this arrangement. Whether she knew about this plan all along, or whether she put the pieces together after arriving, it sounds like she wasn't going for it. Loeb needed short-term profit (to the tune of $1B, it seems), and Mayer didn't want to be stuck holding the bag after the company was strip mined.
You don't climb to Marissa Mayer's position in life being overly concerned about "being loved." The more rational explanation is that her incentives and Loeb's incentives didn't align, so to speak.
As others have said, the typical corporate-raider plan is to slash costs (i.e., mass layoffs), sell off assets, create the appearance of a turnaround, capture the upside, then jump ship. Mayer was to be a figurehead in this arrangement. Whether she knew about this plan all along, or whether she put the pieces together after arriving, it sounds like she wasn't going for it. Loeb needed short-term profit (to the tune of $1B, it seems), and Mayer didn't want to be stuck holding the bag after the company was strip mined.
You don't climb to Marissa Mayer's position in life being overly concerned about "being loved." The more rational explanation is that her incentives and Loeb's incentives didn't align, so to speak.