AOL to cut 20% of workforce

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AOL to cut 20% of workforce

10-16-2007, 10:37 AM,

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mandy Offline

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AOL to cut 20% of workforce

Quote:AOL is eliminating 20 percent of its workforce -- 2,000 employees -- in an effort to better compete in the current online marketplace. The reductions represent the last piece of a complex and significant transformation from ISP to Web portal, AOL CEO Randy Falco reportedly told employees in an e-mail...

...the 2,000-person reduction in headcount amounts to a 20 percent cut and will bring AOL's worldwide employee base below 10,000...

AOL had some 19,000 worldwide employees in 2004...

full article: http://ecommercetimes.com/story/dprnpYlA...Jobs.xhtml

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