Feeds

AOL waves goodbye to 900 staffers

Jobs contract off back of content spending spree

Designing a Defense for Mobile Applications

AOL pointed 900 of its employees towards the door marked Exit yesterday, as part of the company's effort to recast itself as a media content provider.

Just last month, the firm's CEO Tim Armstrong confirmed the $315m buyout of the Huffington Post.

Around 200 staffers based in the US were laid off, following that purchase. AOL axed 400 jobs in India and said a further 300 roles at the company would be outsourced to third-party outfits.

The jobs cull leaves AOL's headcount reduced by around 20 per cent, with a workforce now of 4,000 people on its books worldwide.

This is the latest in a series of job cuts at AOL. Armstrong has been desperately trying to shift the firm's focus away from cashing in on an increasingly diminished dial-up internet access biz.

His response has been to gulp up well-known blog sites. Late last year, AOL bought TechCrunch.

"Today is a very difficult day at the company because people’s jobs are impacted," said Armstrong. "The changes today for me are very personal."

Business Insider has a copy of Armstrong's memo to staff here, as well as more details about the lay-offs. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.