: 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

'Theeb' Looks At Middle East History Through The Eyes Of A Bedouin Boy

The Oscar-nominated film is set in 1916 Saudi Arabia, a pivotal time in the region. Director Naji Abu Nowar says he wanted to explore "how strange and surreal it must have been" for the Bedouins.
NPR

After Introducing Changes, Keurig Sales Continue To Fall

Despite America's high coffee consumption, Keurig reported disappointing sales this week. Even during its popular holiday selling period, the numbers haven't perked up in recent years.
NPR

Who Is Moscow's Favorite Among The U.S. Presidential Candidates?

The official line in Russia is that it doesn't matter who wins in November, since it won't change what the Kremlin sees as Washington's anti-Russia stance. But some candidates are better than others.
NPR

Twitter Says It Has Shut Down 125,000 Terrorism-Related Accounts

The announcement comes just weeks after a woman sued Twitter, saying the platform knowingly let ISIS use the network "to spread propaganda, raise money and attract recruits."

Leave a Comment

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