RSSAOL Lays Off 750 Workers
By Nate Mook | Published December 7, 2004, 8:44 PM
As expected, America Online has cut 750 jobs in Ohio, California, New York and Virginia, the company acknowledged Tuesday. Reports of impending layoffs surfaced last month following parent Time Warner's earnings statement. More then half of the cuts, which total 4 percent of the AOL workforce, were made at AOL's Northern Virginia headquarters where it employs over 5,000. AOL's attempt to trim its losses amid falling subscriber levels has not come without casualties; Winamp was recently all but abandoned.
It seems to me that AOL is struggling to stay alive. Their dialup services, regardless of what we think of the company, seem to be their foot in the door. But who wants dial up any more? Yeesh, you see DSL at your friends house, is dial up going to cut it. NO! I say.
They are trying to pull themselves up by the bootstraps, but it must be tough. They should have bought the IBM Computer division.
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