Our ears are ringing with a rumor that AOL is set to initiate another round of cuts. We aren’t sure what number of employees it will be laying off or not but that number can be close to what it has already made in the recent past. If this rumor is correct, AOL might announce these layoffs within this week. Anyone out there who has a clue?
Estimated up to 2000+ layoffs are possible………
By PETER LAURIA
July 25, 2009
Posted: 1:35 am
New AOL boss Tim Armstrong gave employees of the beleaguered Internet icon some more bad news yesterday, telling them that another round of layoffs could come down in the next 60 days.
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Post found today…
HRQueen said: Aug 18, 9:30 AM
Layoff numbers have been finalized. 1700 mostly technology, hr, and reporting/analysis related will be sacked by end of September.
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in-the-know said: Aug 22, 10:15 PM
The word is nearly 1,700 people will be cut in mid-September and then another 1,000 will be cut after the spin-out. Tim wants to show Wall Street he knows how to run a company.
http://www.businessinsider.com/henry-blodget-mass-firings-at-aol-next-week-2009-8#comments
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