New Patch Owner Cuts Hundreds of Staffers
Hale Global, the company that bought Patch from AOL in January, is slimming down operations. Jim Romenesko reports that the company has fired “hundreds” (about two thirds of staffers) from Patch. And the way they did it wasn’t exactly pretty.
In a conference call from Leigh Zarelli Lewis, Patch’s COO, the news was laid out in blunt terms. Here’s how it went, according to a transcript:
Hale Global has decided which Patch employees will receive an offer of employment to move forward in accordance with their vision for Patch and which will not.
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