Was he let go or did Interscope cut him loose?
Slim explained the separation saying:
"'Really, I just sat down and told them, 'Y'all over here don't understand the type of music I do and y'all hold me back while y'all trying to get your situation together. I ain't really got that time to sit on the sideline while you do this. Let me pay y'all. Y'all gave me all this money. Listen, I'll give y'all some money off the new album.' I just can't sit on the sideline while they do their sh--. He sat down with [Interscope Chairman] Jimmy [Iovine], and we all came up with something we could all agree with. It ain't no hard feelings.'" Source