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Industry

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 […]

Barry Schwartz on December 24, 2009 at 9:23 am
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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
Barry Schwartz 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's personal blog is named Cartoon Barry and he can be followed on Twitter here.

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AOL: GeneralChannel: Industry

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