AOL set to lay off hundreds from online arm
C|Net | at | by Mike
Good news everybody AOL is loosing head count, YES! Poor AOL not only will it loose "several hundred" of employees, but probably many of them are AOL subscribers. Excellent!
AOL was not able to comment on the layoffs, since at the moment AOL had laid off all media relation personal. hahaha!
The cuts could total up to "several hundred" employees, the source said, and will occur this month. The source would not say which divisions within the Dulles, Va.-based AOL unit will be affected. AOL employs about 16,000 people. This is not the first time AOL has laid off employees this year. In January, 725 employees were laid off as part of overall cost-cutting measures after AOL and Time Warner completed their merger. In total, AOL Time Warner laid off 2,400 employees during that round, or 3 percent of the company.