AOL Begins Firing Employees Who Wouldn’t Leave

In November, AOL CEO Tim Armstrong said he needed 2,500 “volunteers” to give up their jobs, but not enough of them got the message–only 1,100 walked away on their own. Now Armstrong is entering the second phase of his corporate slimdown and is firing another 1,000-plus employees.

Condé’s Cuts Come to Vogue

As expected, Condé Nast executives are swinging the layoff ax around the fabled magazine publisher. Today’s cuts are at Vogue, where I’m told at least six people have been let go from one of the company’s best-known titles. There will be more to come from the publisher, which shut down four magazines last week and is trying to bring down costs at its remaining titles by 25 percent.
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