TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

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

The Art of the Book Review

The Art of the Book ReviewStarting August 4, learn how to get paid to write reviews that will influence the publishing landscape! Taught by a Publishers Weekly book critic, you'll learn how to recommend a book to its audience, write reviews of varying lengths, tailor a review to a specific publication and more! Register now!