AOL Layoffs Grow | WAMU 88.5 - American University Radio

: News

Filed Under:

AOL Layoffs Grow

Play associated audio

Bill Redlin

AOL is laying off as many as 1,200 employees because not enough workers accepted buyouts. A spokeswoman for the company says only 1,100 volunteered to leave, and that means the company will need to shed up to 1,200 positions to reach its announced reduction target of up to 2,300.

That's about one-third of it's workforce. The spokeswoman says AOL is laying off some employees in the U.S. now, although most of the layoffs are coming on Wednesday. She also says the company began laying off employees in its European offices on Monday.

AOL said in November that it would take $200 million in charges for severance and restructuring-related costs. AOL separated from Time Warner last month.

NPR

Stephen Hawking Says Zayn Malik Could Still Be In One Direction In A Parallel Universe

Millions of hearts were broken last month when Zayn Malik left One Direction, but according to physicist Stephen Hawking, that might not be the case after all.
NPR

Competitive Bartender Pours Father's Wisdom Into Signature Drink

Bartender Ran Duan will represent the U.S. in a Bacardi international cocktail competition. His specialty? "Father's Advice," a stirred-not-shaken cocktail that's a testament to his hardworking dad.
NPR

Fact Check: Is The Clinton Foundation 'The Most Transparent'?

Since Hillary Clinton launched her presidential run, her family's foundation has been scrutinized. The Clintons responded, calling it the most transparent organization of its kind. But is that true?
NPR

How Tech Firms Are Helping People In The Nepal Earthquake Zone

Tech and telecom companies stepped up with much needed services. Facebook and Google offered tools to help those in the region let family and friends know they're OK. Other firms cut calling costs.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.