AOL plans to cut more than 1,000 employees

01/12/2010 | Washington Post, The

AOL, as part of a continued restructuring effort, on Wednesday plans to begin issuing pink slips to more than 1,000 employees. The layoffs are needed as part of a plan to reduce employee ranks by 2,500, or one-third. A voluntary buyout program in November was accepted by more than 1,000 workers, according to this article.

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