John Paczkowski

Recent Posts by John Paczkowski

Sacked AOLers to Receive FREE!!!! Unlimited AOL Dial-up for 45 Days, Unemployment for Six Months

hurtyou.jpg In a story first reported by BoomTown’s Kara Swisher, AOL announced its now semi-annual winter holiday layoffs this morning, disclosing plans to sack about 20% of its total work force–2,000 of its 10,000 global employees. Like those that have preceded it, the latest iteration of the plan to shift AOL’s business model from a subscription-based ISP to an advertising-supported Web company also involves shifting employees from AOL’s offices to the bread line.

In a letter to employees, AOL CEO Randy Falco thanked AOL “colleagues” affected by the reduction, promising to smooth their transition to unemployment with a bit of career counseling and “what we believe are generous severance packages.” Generous, in this case, being a handy euphemism for two months salary and the inescapable financial stress that goes along with it, as well as the always unquantifiable “thanks and respect for their contributions to the company.”

So, 2,000 AOLers felled by normal involuntary attrition. This in addition to the 5,000 that were released into the wild last year. To what end? Says Falco, “So where is this taking AOL? Put simply, my vision for AOL is to build the largest and most sophisticated global advertising network while we grow the size and engagement of our worldwide audience. We’re only a year and a month into our transformation, and the turnaround has been dramatic. We’re now in a position to win as an advertising-supported business. We have a bright future as a company if we can execute on this vision.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik