America Online, better known to most as AOL, is preparing to sever the ties that bind, dissolving a 2001 merger with Time Warner. The company has asked volunteers to leave their jobs as it seeks to cut almost one third of its staff. If, as seems likely, no enough people are willing to [...]
Continue reading...Wednesday, January 28, 2009
Time Warner’s America Online unit will cut 10% of its workforce because the recession has forced advertisers to reduce spending. Employees won’t receive merit pay increases in 2009. The number of people fired will total 700. The job reductions will take place over several quarters, the company said. The reviews will include international operations, global shared-services functions, [...]
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Thursday, November 19, 2009
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