FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser GalleyCat SocialTimes

AOL Starts Layoffs, Up To 1,200 To Lose Jobs

AOL.jpgWe knew this would be coming. After promising to trim its staff by one-third late last year, today AOL Inc. started its layoffs.

1,100 people took the buyouts AOL offered last month, but since that wasn’t enough to meet the company’s goals, about 1,200 will be let go this week. AOL is also planning to close offices in Spain, Sweden and Germany.

In a statement, AOL said some U.S. staffers would be notified of layoffs today, but a bulk of the pink slips would be going out on Wednesday.

Know anything? Send us an email or leave a tip in the box at right.

AOL Layoffs Start Today, Pick Up Steam As Week Goes On –Silicon Alley Insider

Previously: AOL Looks To Trim One Third Of Staff

Mediabistro Course

Middle Grade Novel Writing

Middle Grade Novel WritingStarting January 15, work with a literary agent to write your middle-grade novel! In this course, you'll learn how to develop strong characters, write compelling dialogue, master the art of revision, and market your work to publishing houses and agents. Register now!