Nov
19
AOL to Cut 2,500 Employees Through Buyouts, Layoffs
Posted in: Uncategorized
NEW YORK (AdAge.com) — AOL will cut 2,500 employees, or about a third of its work force, as it looks to slim down costs on the eve of its spinoff from Time Warner. Initially, the cuts won't be targeted and will come from volunteer buyouts across the company, including sales, communications, maps, technology and the ad network.
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