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AOL: We Need to Fire 2,500 “Volunteers”

Peter Kafka in Media on November 19, 2009 at 5:08 am PT

AOL, which has already told investors it will spend up to $200 million firing a good chunk of its staff, has now told employees. The company is looking for “up to 2,500 volunteers,” CEO Tim Armstrong told his staff today. That’s a third of AOL’s payroll.