Sort of, but not really. I can think of three times (Strange Tales vs, the Order, and the Quinn/Ellis era) that Strange either lost the eye, or stopped using it. And in all three cases, he didn't lose THAT much power.

As for Jericho... he never even USED the Eye in his mini, even when it would have made sense to do so. It was that silly-looking staff with the shrunken heads. And bad writing, but I've ranted about that elsewhere.