Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Reports: AOL Plans To Cut Jobs - Quick Facts

RELATED NEWS
Trade AOL now with 

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.

Click here to receive FREE breaking news email alerts for AOL Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Toyota Motor Corp. (TM, TYT.L) Thursday announced 1.1 percent decline in worldwide production for October, as there was a sharp decline in production of passenger cars in Japan. Production outside Japan improved 2.3 percent. In a separate announcement, the Japanese automaker said it will recall more... Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.