3DCOOL BLOGS

Friday, August 04, 2006

AOL heads toward cutting 5,000 jobs
I really feel bad for the employees who will be jobless, but I can't feel the same way for the software that has single handedly "dumb down" those who use it. The sad part is the employees will be gone, but that terrible software will live on.


AOL on Thursday set the stage for a layoff of up to 5,000 employees.

The news followed AOL's (TWX) announcement Wednesday that it would offer most of its services for free to high-speed Internet users — or anyone else with their own Internet access.

AOL said it would make up the lost revenue with advertising and cost savings. It no longer plans to send out those little silver AOL sign-up discs, and can now reduce its workforce."



Read all about it here, courtesy of USAToday.com:
http://www.usatoday.com/money/media/2006-08-03-aol-jobcuts_x.htm

-Eric

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