It's an example of coordination (i.e., two elements linked with "and"). Elements common to the two coordinands can often be omitted in the second one.
Eg, coordinated subjects, common predicate:
John and Mary went to the shops.
Coordinated verbs, common object:
John noticed, and bought, a painting.
Coordinated objects, common subject and verb:
John bought a painting and a tapestry.
Coordinated predicates, common subject:
John bought a painting and examined a carving.
Coordinated predicates with direct vs indirect objects, common object:
John greeted, and chatted to, Mary.
Coordinated predicates with the same verb, but different complements or adjuncts:
John walked slowly and Mary quickly.
Mary waited patiently and John on tenterhooks.
He was fired, and his friend punished. (your example).