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3/1/2012 8:00 PM ET

AOL Inc. (AOL: Quote) plans to cut jobs, including workers at its AIM instant-message service, reports stated, citing people familiar with the situation.

Less than 100 workers will be affected, reports added. The layoffs are expected in the next couple of weeks.

Jason Shellen, who runs AIM, may seek a buyout in the next few weeks, reports added citing two people familiar with the matter.

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