AOL job cut speculation rises to 1,000
Yesterday it was just hundreds
There's growing fears that AOL-Time Warner is about to make up to 1,000 people redundant at its online division.
WashingtonPost.com reports that an announcement on the job losses is expected within the next fortnight, citing unnamed sources close to the media giant.
The report adds that jobs are set to go at the online division's HQ in Virginia and at its software operation, Netscape, in California.
Today's report makes even worse reading for the 16,000 people who work for the online outfit.
Yesterday, the Wall Street Journal reported that hundreds of jobs were under threat at AOL.
This was dismissed by a senior spokesman for AOL UK who said the reports were "just rumours".
Today, a senior spokesman for AOL-Time Warner's online division flat-batted all requests for further information and declined to comment on the reports.
So the uncertainty continues. ®
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