Is the Eric Bischoff hiring and firing as "Creative Director of Smackdown", who didn't really do anything except "observe", the strangest employment situation in pro wrestling that you can remember? The only one that comes close for me was when the WWE brought back Vince Russo in 2002 to helm the creative team, but then he was demoted after a day or 2 to "creative consultant" before leaving for start-up TNA a few months later.
Bischoff doesn't even scratch the surface of weird booker hirings and firings in wrestling. Buzz Sawyer alone is a discussion that would take days.