AOL To Cut Force by 2,000 Jobs
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
AOL is reducing its global work force by 2,000 employees, or 20%, as it transitions from Internet access provider to online advertising company.
The reduction comes on top of 5,000 positions cut last fall following the August 2006 announcement that AOL would begin giving away AOL.com e-mail accounts, software, and other features once reserved for paying subscribers to boost traffic to ad-supported Web sites.
The cuts announced today include about 1,200 in America, including 750 in northern Virginia, which has long been AOL’s headquarters. AOL, a unit of Time Warner Inc., recently announced it was moving its headquarters to New York to be closer to the media advertising industry.