AOL on Thursday said it would cut a third of its global workforce, or about 2,500 jobs, in an effort to save $300m annually.
The move comes ahead of its planned spin-off from Time Warner next month.
By Kenneth Li in New York
Published: November 19 2009 15:18 | Last updated: November 19 2009 20:20
AOL on Thursday said it would cut a third of its global workforce, or about 2,500 jobs, in an effort to save $300m annually.
The move comes ahead of its planned spin-off from Time Warner next month.