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2010-09-01
Study: CEO Compensation Totaled $598 Million At The 50 Companies That Laid-Off The Most Workers

Peak Oil And The German Government - Military Study Warns Of Potentially Drastic Oil Crisis

Mystery Over Russian General Found Dead On Turkish Beach

Internet Freedom - Will Russia's Bloggers Survive Censorship Push?

Life In Baghdad's Slums - Fighting to Survive In Sadr City

Moral Bankruptcy At HSH Nordbank - Investigators Look At Frameup And Iniquity At German Bank

Study: Illegal U.S. Immigration Has Slowed Considerably

Inquest Told MI6 Employee's Body Was In Padlocked Bag

Report Claims Andy Coulson, Prime Minister's Media Adviser, Discussed Hacking Phone Calls

Ferrari Recalls 458 Italias After A Spate Of Fires

Probe Of Alyeska Pipeline Spill Uncovers Troubling Pattern

Defiant Dick Fuld Blames False Rumors And The Fed For Lehman Bros. Collapse

U.S. Toll Rising In Afghanistan, 22 Soldiers Killed Since Friday

Charity Oxfam Hit By Fatal Bomb As U.K. Deputy Prime Minister Visits Troops In Afghanistan

Gov. Schwarzenegger Tells Top California State Officials To Stop Hiring

Australian Economy Surges 1.2 Percent In Second Quarter

Police: At Least 1 Hostage Taken At Discovery Channel Headquarters

U.S. Sen. Murkowski Concedes Primary Election Race To Miller

2010-08-31
U.S. Salmonella Scare: Farm Inspections Reveal Manure, Mice And Maggots

U.S. Warns East Coast To Brace For Impact Of Hurricane Earl

Commentary: The Sarrazin Debate - Germany Is Becoming Islamophobic

Commentary: The Sarrazin Debate - Germany Is Becoming Islamophobic

Hell On Earth - The U.N. Documents Congo's Bloodbath

Baghdad On High Alert As U.S. Officially Ends Combat Mission

Mexico Seizes 'La Barbie', Drug Lord Infamous For Beheadings

Greenland's Prime Minister Lambasts Greenpeace For Raiding Arctic Oil Rig

Interview With Ex-CIA Agent Michael Scheuer - 'Only The Taliban Are Not Corrupt'

'I Did Nothing Wrong' - German Gulag Prisoners Recall Their Ordeal

Stock Investors Brace For Another Ugly September

Four Israelis Shot Dead Near Jewish Settlement On Eve Of White House Talks


AOL: Happy Holidays, 450 Of You Are Out Of A Job
2006-12-14 20:17:30 (194 weeks ago)
Posted By: Intellpuke
(Read 1176 times || 0 comments)

AOL laid off more than 450 employees at its corporate headquarters Wednesday as part of plans announced earlier this year to cut costs and change the company's business strategy.

The Dulles company said it was not cutting as many jobs locally as originally anticipated. In August, AOL executives said that about 1,000 of the 5,000 jobs to be cut worldwide would be local. Including Wednesday's cuts, AOL has eliminated fewer than 600 positions in Northern Virginia.

"In August, we were making a preliminary estimate based on very early information about how the company's new strategy would affect our structure," said Andrew Weinstein, a spokesman for the company. "When we worked through the implications of the new structure, we found there were fewer jobs on the Virginia campus that were impacted than expected."

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