AOL To Cut Staff By One-Third

In a Security and Exchange document filed on Tuesday night, AOL plans on cutting about one-third of their staff, about 2,300 people. The filing said, “the Restructuring will include the reduction of approximately a third of the Company’s current employee base, which will be conducted on a voluntary and involuntary basis.” AOL became an independent […]

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In a Security and Exchange document filed on Tuesday night, AOL plans on cutting about one-third of their staff, about 2,300 people. The filing said, “the Restructuring will include the reduction of approximately a third of the Company’s current employee base, which will be conducted on a voluntary and involuntary basis.”

AOL became an independent company earlier this month, as the “new” AOL. It is unfortunate that so many people are going to lose their jobs early next year. It is also very unfortunate AOL had to officially announce this a day before Christmas eve.


About the author

Barry Schwartz
Staff
Barry Schwartz is a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry can be followed on Twitter here.

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