logo
Share SHARE
FONT-SIZE Plus   Neg

Reports: AOL Plans To Cut Jobs - Quick Facts

AOL Inc. (AOL) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
RELATED NEWS
Trade AOL now with 
Follow RTT