“Job Changes” AKA LAYOFFS at AOL

An update on the job cuts at AOL:

 

paidContent2011 Arianna Huffington and Tim Armstrong

Photo: fuzzyscorpio

 

Last week, AOL (NYSE: AOL) CEO Tim Armstrong told the crowd at paidContent 2011 that layoffs—aka “job changes”—were coming following the $315 million deal to acquire the Huffington Post. The layoffs started Thursday in India, where AOL’s operations are being dramatically downsized: 400 jobs lost, 300 outsourced, roughly 200 remaining, paidContent has learned. India currently accounts for nearly one-fifth of AOL’s close-to-5,000 employees.

Continue reading:

http://paidcontent.org/article/419-aols-post-huffpo-layoff-round-begins/

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