AOL Cuts 10% of Staff

Mar 12, 2009  •  Post A Comment

In its second major round of layoffs in two years, Time Warner’s troubled AOL unit is laying off 10% of its workforce, the Washington Post reports. “The deepening recession has affected every corner of the economy, including our own,” AOL CEO Randy Falco told the company’s staff in a memo obtained by the paper.
—Jon Lafayette

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