AOL Lays Off 750 Workers
As expected, America Online has cut 750 jobs in Ohio, California, New York and Virginia, the company acknowledged Tuesday. Reports of impending layoffs surfaced last month following parent Time Warner's earnings statement. More then half of the cuts, which total 4 percent of the AOL workforce, were made at AOL's Northern Virginia headquarters where it employs over 5,000. AOL's attempt to trim its losses amid falling subscriber levels has not come without casualties; Winamp was recently all but abandoned.
1 Comment
