First saw it from this Bruce Miles tweet..
@BruceMiles2112: Report Hendry out as #Cubs GM. Checking
This was at 10:10 AM today.
Also, on MLBTR at about the same time...
Jim Hendry is out as the Cubs' GM, according to Chicago sportscaster David Kaplan (onTwitter).
Hendry's contract runs through 2012, and to be honest I am suprised if these reports are true. I mean I totally think he needs to be shown the way out, but didn't see it actually happeningNo complete verification yet, but let's see what happens.
UPDATE: 10:20 AM
@BruceMiles2112: Official. #Cubs fire Hendry
@BruceMiles2112: #Cubs name asst GM Randy Bush interim GM