Who got fired at AOL?
When AOL announced it will fire 5,000 employees in the next six months, what jobs was it cutting? The Washington Post shares some deets.
- Forty-five people from AOL's free CD department were given paid leave last month to look for new jobs.
- AOL says it will sell its European dial-up division. That will rid it of 3,000 employees (in addition to the 5,000 being laid off) in Britain, France, and Germany alone.
- AOL's handing out severance packages and job-search help, which is a classy gesture but drives up the cost of the layoffs. (Time Warner expects to spend up to $350 million on phase-changing AOL, a good chunk of that covering severances.)
AOL Plans to Cut 5,000 Jobs, Some in Virginia [Washington Post]
Earlier: AOL overdrawn and quartered: Company will can 5,000 employees