AOL to cut 20% staff in Germany

[heini]

German news magazine Focus says AOL is going to loose up to 200 employees in Germany, around 120 in Hamburg, and 80 in Munich.
AOL has, much like Yahoo, never been able to get operate profitable in Europe.
With the latest record loss of AOL/Time Warner cutting costs is probably an imperative.
Story [heise.de]

[Elliott]

That's a total of 400 which is a drop in the bucket for AOL. They better do better than that if they want to start making money.