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Friday, Aug 2
Reports: AOL carries out fresh round of layoffs
- TechCrunch and Valleywag report AOL has laid off employees within its HR, video production, and AIM teams.
- AOL has carried out a string of layoffs (I, II, III) in recent years, as it tries to cut costs within both its cash-cow dial-up ISP business, and underperforming areas within its online media/ad ops.
- Q2 results arrive on Wednesday.