Friday, March 11, 2011

AOL f*cks over 900 employees after Huffington Post purchase

Bet this ain't the top story at the Huffington Post...

US internet firm AOL is to cut 900 jobs, nearly 20% of its 5,000-strong workforce, as part of a move to restructure the company in the wake of its purchase of online newspaper the Huffington Post.

AOL bought the Huffington Post in February for $315m (£196m).

The job losses are intended to offset duplication between the two companies.


Read more here.

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