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)
  • Alpwolf
    , contributor
    Comments (28) | Send Message
    please...Q2 will be just fine for AOL...
    2 Aug 2013, 08:30 PM Reply Like
  • Tufenk
    , contributor
    Comments (935) | Send Message
    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
  • David Jackson
    , contributor
    Comments (1279) | Send Message
    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
  • Jbgoose
    , contributor
    Comments (3083) | Send Message
    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
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs