Seeking Alpha

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.
Comments (4)
  • please...Q2 will be just fine for AOL...
    2 Aug 2013, 08:30 PM Reply Like
  • They have no "Rupert Murdoch" in that house. Armstrong is an astronaut..... as in "one small step".
    3 Aug 2013, 09:50 PM Reply Like
  • Is this a negative lead-indicator for AOL's earnings on Wednesday? What's the right methodology to answer that question?
    4 Aug 2013, 02:17 AM Reply Like
  • After no comment from Patch regarding if they would refund monies for a national ad (Ca, Tx, tri state areas) if shut down - and having no response... I wonder how serious they are about supporting this division.
    4 Aug 2013, 11:32 AM Reply Like
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