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AOL Layoffs – Cutting 700+ Employees

by MikeM on March 12, 2009

AOL, once the nation’s leading provider of dial-up Internet access service, recently announced that it was paring its workforce by 10% or roughly 700 people. The bulk of the layoffs will be in the US. Main reasons given for the layoffs were the tight economy, a substantial drop off in advertising revenue and a refocusing [...]