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AOL to cut about 700 jobs
outrun

10+ Year Member



 
Msg#: 3837030 posted 3:24 am on Jan 29, 2009 (gmt 0)


[uk.reuters.com...]

Time Warner Inc's (TWX.N) AOL will cut about 700 jobs, or 10 percent of its workforce, as it copes with an advertising slump, in a move that could make the slimmed-down company more attractive to possible merger partners like Yahoo Inc (YHOO.O).


 

tangor

WebmasterWorld Senior Member tangor us a WebmasterWorld Top Contributor of All Time 5+ Year Member Top Contributors Of The Month



 
Msg#: 3837030 posted 6:42 am on Jan 29, 2009 (gmt 0)

I started to whip out a not so nice giggle on this report, then I remembered back to the old days when I was running a BBS and AOL grew from a BBS not much bigger than the one I was running into the little monster it has now shrunk to. Puts things into perspective.

Everything is getting gobbled up these days! Guess it will be me, next!

Reno

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 3837030 posted 10:13 pm on Jan 29, 2009 (gmt 0)

more attractive to possible merger partners like Yahoo

I note that Yahaol.com is already owned by AOL LLC ... perhaps they're thinking ahead ;)

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