Massive Layoffs At AOL

Posted by ryuzaki0 on Tuesday December 7, 2004 @12:14PM

JLavezzo writes "Several news sites are reporting that the United States' largest ISP has laid off 750 employees. My sources at AOL put the actual number at approximately 950 regular employees and 300 contractors from various departments including new technology and marketing. The contractors aren't mentioned by the news outlets. Severance packages are known to include up to four months pay and keeping laid off employees on the AOL payroll through February (to retain health insurance). With most of the layoffs coming from the Northern Virginia offices, what are their hopes for finding new jobs?"

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FC link by StalinJoe · 2004-12-07 12:19 · Score: 4, Informative

http://comments.fuckedcompany.com/phpcomments/inde x.php?newsid=109601&sid=1&page=1&parentid=0&crapfi lter=1

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"Those who cast the votes decide nothing; those who count the votes decide everything." - Josef Stalin
Re:"Massive"? Kids these days. by Mwongozi · 2004-12-07 12:22 · Score: 5, Informative

You think he's joking too. Layoffs by SMS have happened.
Re:back to their previous jobs of course by Salgak1 · 2004-12-07 13:16 · Score: 4, Informative

Yep. . .the article said mostly "new technology" and "marketing". . . my buds at AOL said it's MOSTLY marketeers, they're just also shutting down some of the R&D shops. . .