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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.
The good ol' days.
The 80s? Really? Floppies where still going strong into the mid 90s, and AOL was known for their spamming of CDs. They died in the late 90s with those same disks.
Besides the historical inaccuracies... The point is valid. AOL is still around?
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The AOL CD were junk. You couldn't reuse them.
There are some hobbyists that collect AOL CDs. There were more than 4000 different AOL CDs sent out over the years, and some people have collected them all. If you have some rare specimens, they might be worth more than their weight in gold. Alas, I just tossed all of mine in the trash as soon as they arrived in the mail, unaware of the potential treasure I was holding in my hand.
You've got mail!
The guy behind the voice...Now An Uber Driver In Ohio
https://youtu.be/7fChTDzxcWI