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Saturday, November 21, 2009 7:51 PM

AOL LLC

AOL LLC - Click to view 360-page
AOL LLC
Type: Company
Name: AOL LLC
Nationality: United States
Web Address: http://www.aol.com/
Fact Sheet: Fact Sheet for AOL LLC
First Reported 11/19/2009 - Updated 11/20/2009 - 38 Documents (in Politics)
AOL aims to shed 2,500 jobs
SAN FRANCISCO -- The struggling Internet company AOL plans to eliminate as many as 2,500 jobs -- more than a third of its work force -- as it prepares to separate from Time Warner and finally sever their ill-fated marriage.Major job cuts had been expected, ... [Columbus Dispatch - 11/20/2009]
First Reported 11/19/2009 - Updated 11/20/2009 - 13 Documents (in Politics)
AOL to cut one-third of workforce ahead of spin-off
AOL said in a filing to the SEC that it wants to cut one-third of its workforce, or around 2500 jobs, in an effort to cut around USD 300 million in annual costs, as part of its planned spin-off from Time Warner. AOL will start with a volunteer buyout ... [Telecom.paper - 11/20/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 7 Documents (in Politics)
AOL set to lay off third of workforce
AOL is planning to cut about a third of its workers if its planned spin off from Time Warner goes ahead.That would amount to nearly 2,300 out of roughly 6,900 workers wide.The company said it will impose the cuts on a voluntary and involuntary basis.It ... [Breaking News.ie - 11/19/2009]
First Reported 11/19/2009 - Updated 11/20/2009 - 6 Documents (in Market News)
AOL Layoffs To Wipe Out The Photo Department -- Source*
UPDATE: Another source passed along a note that disputes the below report. Peter Rivera the SVP of the photo department tells his people:"Apparently the source knows more about the photo business plan than I do. (I was being sarcastic as they do not) ... [Business Insider - 11/20/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 7 Documents (in Corporate Deals)
AOL Heads Toward Its IPO, Asks for 2500 Voluntary Resignations
You are currently following TechCrunchStop FollowingYou are no longer following TechCrunchAbout this author:Profile & More ArticlesVisit: TechCrunchFont Size:PrintEmailBy Robin WautersAOL CEO Tim Armstrong Thursday informed staff that the company will ... [Seeking Alpha - 11/19/2009]
Entities: AOL LLC, IPO, Resignation
First Reported 11/19/2009 - Updated 11/19/2009 - 5 Documents
Time Warner Inc - Click to view image in its original context
Time Warner Inc
AOL to cut a third of workforce
AOL will cut a third of its global workforce, or about 2,500 employees, to save $300m annually ahead of its spinoff from Time Warner next month ... [FT.com - Companies - 11/19/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 5 Documents (in Market News)
MarketWatch Inc - Click to view image in its original context
MarketWatch Inc
AOL plans to shed up to 2,500 employees
SAN FRANCISCO (MarketWatch) -- AOL may lay off a third of its staff -- up to 2,500 workers -- as part of a restructuring related to the company's upcoming spin-off from Time Warner Inc., the unit told regulators Thursday.In a filing with the Securities ... [MarketWatch - 11/19/2009]
First Reported 11/19/2009 - Updated 11/20/2009 - 3 Documents
AOL
A business cannot be anaesthetised, so in cases of corporate gangrene it is best to cut quickly and decisively ... [FT.com - Companies US & Canada - 11/20/2009]
Entities: AOL LLC
First Reported 11/19/2009 - Updated 11/19/2009 - 4 Documents (in Internet & IT)
AOL Discarding Opportunities for Web Relevance [GigaOM]
As AOL lays off a third of its work force as it prepares to go independent, it’s looking to drop its ICQ and MapQuest units, according to reports by Kara Swisher. But with the deluge of information hitting web users these days, location and presence are ... [GigaOM Network - 11/19/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 3 Documents (in Market News)
AOL Layoff Package: You Stay, You Pay
BoomTown has learned that AOL is offering those who “volunteer” to leave the company now a departure package that ranges from three to nine months of pay, compared to one to four months for employees laid off in the first quarter of next year.It’s a depressing ... [All Things Digital - 11/19/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 3 Documents (in Market News)
AOL Offers Voluntary Resignations Instead of Layoffs
After announcing a spin-off from parent company Time Warner on Monday, AOL is moving to reduce its head count about one-third. AOL is looking for employees who are willing to resign from their jobs at the once-dominant Internet firm.As part of a voluntary ... [CIO Today - 11/19/2009]
First Reported 11/19/2009 - Updated 11/20/2009 - 3 Documents (in Market News)
Tough choices coming for employees at Advertising.com
Employees at Baltimore's Advertising.com must be feeling a profound sense of personal and professional agony right about now as they face some tough decisions for their careers. Their parent company, AOL, is set to spin off next month from Time Warner, ... [Baltimore Sun - 11/20/2009]

Quotes

AOL's email to employees yesterday read: "Employees will receive an email from the Company between December 16, 2009 and January 1, 2010, notifying them of their acceptance into the program."
AOL Employees Have To Apply To Be Laid Off* [Business Insider - 27 mins ago]
...5m.AOL Europe spokesman Gavin Haycock told Computer Weekly, "There are about 400-500 people working [for AOL] in the UK, but due to the legal consultation process [required before redundancies can be made] I can't say how many people might be affected." The UK staff includes web editors, programmers and writers responsible for a range of lifestyle and technology sites
AOL to cut third of workforce [Computer Weekly - 7 hours ago]
"We will need to do an involuntary layoff if we do not reach the target numbers through the voluntary option. We believe the voluntary program gives people more choice and decision-making ability instead of waiting for the final cost recommendations and involuntary layoffs" AOL spokeswoman Tricia Primrose said via e-mail
AOL, Dell face financial woes [Technology Digital - 19 hours ago]
...The company will encourage staff to take voluntary redundancy, but will impose cuts if it cannot enough staff to leave the group. "We will need to do an involuntary layoff if we do not reach the target numbers through the voluntary option" AOL spokeswoman Tricia Primrose said
Global Review: Doubts creep in over... [Digital Look - 19 hours ago]

More Content

All (4761) | News (2775) | Reports (0) | Blogs (1925) | Audio/Video (34) | Fact Sheets (27)
sort by: Date | Relevance
AOL Employees Have To Apply To Be Laid Off* [Business Insider - 27 mins ago]
GlobalLogic Appoints Paul Baker as SVP [CXOtoday - 4 hours ago]
Rolls-Royce Ghost arrives in India [Tech News and Views - 6 hours ago]
What to Do When the Dow Hits 7,500 Again [Motley Fool - 6 hours ago]
AOL to cut third of workforce [Computer Weekly - 7 hours ago]
The local bourse back in negative terrain [Malta Star - 7 hours ago]
Naspers Could Be The Next Owner Of ICQ (And Why... [Washington Post - 8 hours ago]
Senate Committee Slams Abusive Marketers [Consumer Affairs - 13 hours ago]
AOL to shed jobs and split from Time Warner [TechRadar.com - 13 hours ago]
4 Minute Roundup: Media Company Layoffs; Omidya... [PBS - 15 hours ago]
On the Downside: AOL Cuts, THR Sold? [The Bridge - 15 hours ago]
Demerging AOL to cut third of workforce [Digital TV Europe - 18 hours ago]
Game company returns to play [Raleigh News & Observer - 19 hours ago]
AOL, Dell face financial woes [Technology Digital - 19 hours ago]
Yahoo’s Wasting Away [SEO/SEM Journal - 19 hours ago]
Global Review: Doubts creep in over... [Digital Look - 19 hours ago]
Reporters' Roundtable Podcast: Tech biz turkeys [CNET - 20 hours ago]
Nokia announces it may layoff up to 330 R&D... [Geek.com - 20 hours ago]
Why Yahoo is closing down Go! service? [Ecommerce Journal - 21 hours ago]
The Weekly Layoff Report: AOL Not A-OK [Forbes.com - 21 hours ago]
Arrests in hack of Comcast site [Philadelphia Inquirer - 21 hours ago]
Spin-off and Layoffs at AOL [Morningstar.ca - 22 hours ago]
The Job-Loss Recovery [Forbes.com - 22 hours ago]
Details Emerge About AOL's Massive Workforce Re... [Digital Media Wire - 22 hours ago]
Jason Calacanis: "I Plan On Buying $250,00... [Business Insider - 23 hours ago]
Bear Stearns Investor's Motion to Block Consoli... [Market Wire via MSN Money - 23 hours ago]
Windows 7 is wagging [MarketWatch - 23 hours ago]
Bear Stearns Investor's Motion to Block Consoli... [Stockwatch - 23 hours ago]
RCom in talks with Canadian company for gatewa... [Hindu Business Line - 23 hours ago]
Six DEADLY M&A Sins [Chief Executive - 11/20/2009]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
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Tim Armstrong, Brad Garlinghouse, Jeff Bewkes, [more]
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Time Warner Inc, Google Inc, Bebo Inc, [more]
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US Securities and Exchange Commission, Federal Communications Commission, TechCrunch50 Conference, [more]
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Spinoff, Layoffs, Common Shares, [more]
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Shashi, San Francisco (United States), Baltimore (Maryland, United States), [more]
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United States, United Kingdom, India, [more]
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Internet & IT, Mergers & Acquisitions, Layoffs, [more]
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IT, Internet & Online, Media & Advertising, [more]
All Things Digital, Business Insider, TechCrunch, [more]
Content Volume
Network
Trends

Blogs

sort by: Date | Relevance
Why Are Tech Layoffs Rising in a Recovery? [GigaOM - 2 hours ago]
The brutal economic downturn that’s being called “The Great Recession” is, at least in a technical sense, over. Online advertising and IT spending are inching back ...
Why Are Tech Layoffs Rising in a Recovery? [Gig... [GigaOM Network - 2 hours ago]
The brutal economic downturn that’s being called “The Great Recession” is, at least in a technical sense, over. Online advertising and IT spending are inching back ...
Naspers Could Be The Next Owner Of ICQ (And Why... [TechCrunch - 9 hours ago]
Last week, it was reported that AOL – amid restructuring efforts in the lead-up to the imminent Time Warner spin-off and IPO – was putting its instant messaging ...
Tech mishaps and the human problem [Venturebeat - 13 hours ago]
Behind every tech problem is a human problem – and if you don’t dig into it and figure out how solve it, your company will never progress. Serial entrepreneur Eric ...
This Week On TechCrunch: Real-time distractions... [TechCrunch - 16 hours ago]
Honestly, it’s impossible to work in these conditions. I’m writing this from the TechCrunch Real-Time CrunchUp; a one-day event in San Francisco celebrating the ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
WSJ What's News Late Edition, November 19, 2009 [Wall Street Journal What's News - 11/19/2009]
AOL Offers Buyouts to 2,500 Workers [Associated Press - YouTube - 11/19/2009]
WSJ Tech Briefing Late Edition, November 19, 2009 [Wall Street Journal Tech News Briefing - 11/19/2009]
Money Minute: You've Got Job Cuts [Associated Press - YouTube - 11/19/2009]
MarketWatch's Take On Tech For November 19 [Marketwatch Take On Tech - 11/19/2009]
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