He hasn't been removed from the industry, just from this job. If he's any good (which I have absolutely zero knowledge of) then he'll be back somewhere else before long. Hopefully with a new attitude.
This guy is a lawsuit waiting to happen with a very vivid history. No company is going to place themselves at risk hiring this guy again. There's plenty of other respectable talent out there.
B) "There's plenty of other respectable talent out there." No there isn't. There are plenty of people who read hacker news and know what's trending today, but very few who can pinpoint what's going to be trending tomorrow or what a company can do to position themselves to be on the front page tomorrow.
Meanwhile, this guy is still employed: https://twitter.com/anildash/status/370362753451827200
Also, "the economic catastrophe facing the global marketplace is a result of a failure of white culture in America."[2]
Because, hey!, we all know white people are crazy. Good thing businesses never have to hire white people.
[2] http://dashes.com/anil/2009/01/monoculture-is-bad-for-busine...
Pretty sure this guy qualifies as a douchebag and not simply trying to toe the line in a politically correct world. That is, of course, my opinion - but I sure as fuck wouldn't want this sort of individual publicly representing my company and embodying sort of behavior we tolerate, embrace or promote.
Reply to Below- The tweets speak for themselves. No journalism necessary.
[1] http://valleywag.gawker.com/dear-paul-graham-your-priorities...