Even More Layoffs at AOL: India Unit Cuts Staff by 400, Transitions 300 More to Contractors

Along with several hundred layoffs taking place in the U.S. tomorrow, which BoomTown reported earlier, AOL is drastically cutting staff at its Indian unit right now, sources said. According to sources, AOL India will lay off 400 employees in Bangalore, as well as transition 300 more to contractors working for partners. That leaves only 200 staffers in the Asian country.

Tim Armstrong's 100-Day Vision Quest Nearing End: Party in Dulles! (And Then What?)

Back in April, Tim Armstrong sent a memo to the long-battered troops of AOL about a 100-day vision quest the new CEO and chairman was going on to find out “how to bring back the magic of AOL.” It is now Day 86, and Armstrong is closing in on the end of a Where’s-Waldo commitment that he made then to visit all of the far-flung offices of the Time Warner online unit globally to find out what’s what and what he should do to turn AOL around. BoomTown is eager to see what Armstrong has found out on his trip and what path it will ultimately put AOL on.
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Oracle Layoffs: Hundreds, Not Thousands

Oracle has apparently ushered in the new year with a bit of a bloodletting. Thomas Weisel Partners analyst Tim Klasell says the company recently sacked some employees in sales and marketing. The Times of India reports that 40 workers were just let go at the company’s Bangalore offices. And quite a few more may be joining them soon–but not the rumored 8,000.

Infosys, Wipro Get Bomb Threats

According to IDG News Service, six tech companies with offices in Bangalore, India, have received emailed bomb threats. Among the threatened companies are Indian IT outsourcing firms Infosys and Wipro.