Thursday, March 10, 2011

@ Media Summit: AOL's Armstrong: Layoffs Today, Hiring Tomorrow

AOL (NYSE: AOL) CEO Tim Armstrong took the stage at Bloomberg Media Summit and confirmed last night’s big news: the company is cutting 900 jobs, laying off 400 people and outsourcing 300 in India and laying off 200 U.S. staffers in media and tech.

Kate Bosworth Tamala Jones Yamila Diaz Alicia Keys Tyra Banks

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