AOL "Restructures" 5,000 Jobs

You've got a pink slip!

http://news.com.com/AOL+to+cut+5%2C000+jobs/2100-1030_3-6101824.html?tag=nefd.top

As a part of the restructuring effort that is seeing their mail and web services being opened up as free products to the public, Internet Service Provider AOL has announced that approximately 5,000 of its 19,000 employee workforce will be shown the door in the next six months.  This 26% slash is in addition to it attempting to sell off its 3,000 employee European division.

CNet picked the story up off of the Reuters newswire.

1,849 views 2 replies
Reply #1 Top
DING DONG AOL IS DEAD! HURRAY!
Reply #2 Top
While I feel bad for those loosing their jobs, I derive great pleasure from watching AOL die a slow and painfull death.