Feeds

AOL starts swinging the axe

'Important meeting' invite

Protecting users from Firesheep and other Sidejacking attacks with SSL

Sackings for AOL's workforce-decimation scheme have begun, according to a report at Silicon Alley Insider.

AOL workers began receiving emails yesterday afternoon from management asking them to attend an "Important Meeting Tuesday" – predictably where the axe awaits.

Time Warner's failing internet division expects to lay off 10 per cent of its workforce, or about 700 people, mostly by the end of March. The company announced the cuts in January, saying the US recession has made online advertisers cut spending by hundreds of millions of dollars.

The plan also includes a freeze on employee merit-pay raises in 2009 and consolidating AOL's operations in both Mountain View and Los Angeles.

AOL chief Randy Falco said in January that AOL is "two years into a three-year turnaround plan" that will shift the company's focus to its publishing, advertising, and social-media businesses. He also pledged to review all AOL products and services to make sure they have "the potential for growth." ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.