Time Warer decided last night to “spin off” AOL into its own, independent comapny. The Time-Warner board of directors gave the move an “enthusiastic endorsement,” according to reports.
What does this mean for AOL?
Several inside sources would seem to indicate that CEO Tim Armstrong is prepared set to make major changes to the company’s structure, sweeping [...]
Continue reading " Major Changes Coming to AOL, Will be Spun Off "
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The bloodshed continued today in the world of layoffs.
Time Warner subsidiary AOL is laying off 700 employees because of weak economy and the ensuing drop in advertising revenue – but also due to recent structural reorganizations aimed at refocusing the company.
AOL CEO Randy Falco sent out a memo this afternoon to AOL staff [...]
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