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AOL To Cut 500 Workers To Narrow Focus On Mobile, Video (bloomberg.com)
According to a report from Bloomberg, AOL is firing as many as 500 employees as part of a restructuring plan to focus on mobile, video and data. The move comes a year after Verizon acquired the company for $4.4 billion. Bloomberg reports: The layoffs are occurring in all of AOL's business units, said the person, who asked not to be identified disclosing the scope of the cuts. AOL employs about 6,400 people worldwide, the person said. In addition to the job cuts, the company will split into two parts, according to the memo. One will be dedicated to media properties, which include Huffington Post and TechCrunch, and the other will focus on platforms, like AOL's advertising technology. "Mobile, video, and data are the key growth drivers of that strategy and the company will be putting resources into each of these areas," [Chief Executive Officer Tim Armstrong wrote in a memo to employees Thursday.] With the wireless industry maturing, AOL parent Verizon has been buying up media and advertising-technology companies and working to refine go90, its free video-streaming service aimed at phone-toting teens.
Where has it been? Detroit?
I thought they died out in the late '80s with the floppy disk...
I mean, don't get me wrong, I actually owned shares of them due to the AOL/TW merger, and I hacked SimCity because of them.
But even I thought they were dead.
What's next, CompuSerrve announces they are doing Internet 3 on Mars?
-- Tigger warning: This post may contain tiggers! --
because of rump. rump is a horror upon the world. Horror upon the world.
I have 1000 free hours, if that would tide anyone over.
The good ol' days.
Redundancy?
Me too!
...why would anyone choose AOL, as opposed to the existing heavy hitters - Apple, Google, Facebook, Amazon, et al?
I'm surprised they have 50 people. How do they know anything about mobile? I thought their employees only had fax machines and pagers. Video is going to be really hard over dial-up too.
I can't imagine people get up in the morning, get dressed and commute to a job at AOL. I mean, what do they do all day at their job? Collate data and submit reports (with the proper cover page, of course) to boss by 4pm every day? Data of what? How many senior citizens that still pay a monthly fee because they don't know about DSL and cable modems? Are they at least spending their day at work browsing the job boards because they realize their job is going to be gone when AOL dries up?
Won't be AOL but there is an idea this cultivated that may soon bear fruit.
the company will split into two parts, according to the memo. One will be dedicated to media properties, which include Huffington Post and TechCrunch, and the other will focus on platforms, like AOL's advertising technology.
They split the more profitable advertising from the less profitable media properties. Expect more bitterness for the later.
Wow, I thought they died in the 90s.
Become a First Amendment US brand. Say NO to other nations cults, theocracies, monarchies, celebrities, gov workers, SJW and political parties.
Sell the freedom of speech only the US offers to the world on a US platform. Attract the fun and dynamic users from other gov friendly global web 2.0 brands.
Invite them in to enjoy the freedoms the USA has always protected and offered.
Be the freedom brand that stands out from the boring, safe global gov approved social media. Talk to the brands real users and creators and let other brands be the boring talking point publishers for celebrities, political leaders, gov workers, SJW, foundations and NGO's.
Offer video, voice and text chat that is encrypted. US movies, media, art, fun, creativity, comments, politics, jokes, sport... Everything other nations try to avoid, limit or control.
Bring back US freedom and fun with comments or news. Add a search engine that searches and gives users real results. Tell the world that the search results are not filtered by gov policy or SJW staff like other other junk global brands do.
Create online advertising to show why your brand works and how other brands have search filters and gov issues. What other nations and SJW won't allow will sell.
Offer a really secure pro or business version. Huge profits can be made with freedom as so few nations still have it and users will seek it out.
Talk to the best content creators and find out what they want on their phone, app, dslr, video camera and be the trusted, branded link to the web for them.
Be the freedom aware missing network link the hardware makers cant or will never be.
If a user has Mac, Windows, Linux, be the brand that gets all their really great content to the world.
Be the freedom platform, free to create, free to share, free to comment, free to tell a joke, have fun. Point out the chilling side to other global web 2.0 sites with their SJW and gov workers. Have some advertising fun with other gov's and the tame brands that serve them.
Monetize the freedom the USA protects. That "A" stands for freedom so tell the world about it.
Domestic spying is now "Benign Information Gathering"
I propose a new game: whenever a company announces a bunch of IT layoffs, we all guess how many H1Bs they're bringing in. Whoever is closest without going over gets modded to +5. No cheating! Honor system.
Because you know that's what this is because fuck you.
Trump is 70 years old now. After 2 terms, he will be 78, so he can't be dictator for long. Human biology will not permit it. None of Trump's heirs can match their daddy. Obama is 55, so he could rule for a couple decades.
When a company fires people en masse, that is more a sign of bad management than anything else. Yet the share price of companies that fire people keeps on going up. That seems like investors aren't bright.
I mean, you've got 500 people. They aren't idiots, most can probably be retrained. So why fire them? The ONLY reason is because you lack the ability to come up with ways to invest 500 people into building something that will make money?
So not only are many shareholders evil, they are also dumb.
The surprising part is that AOL still had 500 employees.
Just cruising through this digital world at 33 1/3 rpm...
Shelley Duvall claims Robin Williams has become a shape-shifter in troubling Dr. Phil interview
"After vanishing from the spotlight for more than a decade, Shelley Duvall is now looking for mental health help from Dr. Phil.
The "Shining" actress returns to the public eye in an interview with the talk show host in which she makes troubling claims."
https://www.nydailynews.com/en...
I bet this is PTSD for the Popeye movie she co-starred with Robin in. A shame too. All the actors perfectly nailed their roles. Unfortunately, that was not enough to redeem a most horrific script and storyline.
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I worked at AOL for 4 years. Layoffs happened every year like clockwork around the holiday season. Great people, shitty company.
Why is it that the proponents of "one nation under God" are so eager to get rid of "liberty and justice for all"?