The news came today as part of an internal memo from CEO Tim Armstrong that was obtained by Bloomberg. It was only a matter of time for the move after AOL acquired The Huffington Post last month for $315 million. Most of the cuts will come from employees in India, but about 200 will be U.S.-based jobs. In total, that’s about 15% of the Internet company’s total work force.
By THE DEADLINE TEAM | Thursday March 10, 2011 @ 9:50am PSTTags: AOL, The Huffington Post, Tim Armstrong
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This article was printed from http://www.deadline.com/2011/03/aol-lays-off-as-many-as-900-in-wake-of-huffpo-buy/