It's not just being fired. I could understand that.
It's being unemployed in the career you prepared for during the rest of your life because the Hit Whoring Idiotic Douchebag Felons outed you and there would be no way someone in this industry would hire you after doing the Google check for just a few seconds and seeing this.
Also, we don't know all the details around the loss of the phone or his possession of it. There may be circumstances that make it more understandable...was he required to always have it? Was he drugged? Did the "finder" really find it, or was it out right stolen?
Whatever the case, I don't like seeing people without malice having their lives ruined.
How about, and I am surprised no one has even touched on this yet, how did Gizmodo know it was he that lost the phone when they stated that by the time they received it, the handset was killed remotely and there was no way to get past the iTunes setup screen?
How do you track an engineer or the loser of the handset when you have no way of gaining any information from the handset?
How did they know he left the post and from that phone?
Seriously? No one thought of that? Really?