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AOL Readies for Another Round of Layoffs (Report)
Erin Carlson
The Tim Armstrong-led company is targeting its AIM instant messaging and AOL Mail departments in cuts affecting some 40 employees including two high-profile execs. read more
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Why Delay AOL's Mass Layoffs?
Everyone knows Tim Armstrong is planning more layoffs at AOL once the company is spun off from Time Warner. So why let them hang over the company's return to the markets as an independently-traded stock? Armstrong, the former Google... Read Post
AOL Sells Instant Messaging Service ICQ To DST For $187.5 Million
It's done. AOL has officially sold instant messaging service ICQ to Russian investor DST for $187.5 million. In a release, AOL CEO Tim Armstrong said “As AOL continues its turnaround effort, we’re fortunate to find a great home for ... Read Post
The AOL Executive Shuffle Continues: Entertainment Chief Mike Rich Departs
There's been a lot of churn in AOL's executive and employee ranks since Tim Armstrong became CEO. The latest exec to head for the door is 9-year veteran Mike Rich, who is the senior VP in charge of AOL Entertainment (which includes ... Read Post