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AOL (AOL -0.2%) will cut nearly 20% of its global workforce - more than 900 of its 5,000...

AOL (AOL -0.2%) will cut nearly 20% of its global workforce - more than 900 of its 5,000 workers. The India unit will cut about 400 employees and outsource another 300 positions; some 200 jobs will be eliminated in the U.S. The cuts come barely a month after AOL's $315M acquisition of Huffington Post.
Comments (3)
  • richsmo
    , contributor
    Comment (1) | Send Message
     
    the India unit will outsource ... !?! to where?
    10 Mar 2011, 09:52 AM Reply Like
  • wyostocks
    , contributor
    Comments (7411) | Send Message
     
    Another suffering dog that should be put out of its misery.
    Great use of its limited funds they had buying the Huff Post----NOT.
    10 Mar 2011, 09:57 AM Reply Like
  • catamount
    , contributor
    Comments (374) | Send Message
     
    I don't think anyone can say for sure whether the Huffpo acquisition was worth it yet. I think your opinion of Huffpo is clouding your mind to the point where you believe you can predict the future (and it is negative).

     

    Huffpo still drives a ton of traffic and Armstrong seems to be making some good moves. I wouldn't buy AOL at this point, but they seem to be executing on a clear strategy.
    10 Mar 2011, 10:17 AM Reply Like
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