AOL Cutting 2000 Additional Jobs

butterwise writes "AOL plans to cut 2,000 jobs, or 20 percent of its worldwide workforce, as the Internet division focuses on advertising sales to make up for subscriber losses. 'The latest cuts will pare AOL's staff to 8,000, down from about 18,000 employees in 2001, when the company bought New-York based Time Warner for $124 billion. The combination led to $100 billion in losses and a more than 60 percent drop in Time Warner's stock as customers dropped dial-up Web access.'"

Comments

Re:AOL and TW Merged

[Anonymous Coward]

If you read the link you gave, you will come across the following:

"In 2000, a new company called AOL Time Warner was created when AOL purchased Time Warner for US$164bn."

Re:AOL and TW Merged

[Chris_Stankowitz]

According to the Wiki you linked they were bought, but it was done in a merger fashion.

"In 2000, a new company called AOL Time Warner was created when AOL purchased Time Warner for US$164bn.[3] The deal, announced on 10 January 2000[4] and officially filed on 11 February 2000,[5] employed a merger structure in which each original company merged into a newly created entity."

Re:People still use AOL?

[Amouth]

hummmm Eudora supports Imap.. he could jsut use that to connect to exchange and then move his messges into the imap storage via Eudora and then open up outlook.. not that hard.. (i assume you have exchange sence he is wanting to move to outlook)