Microsoft will reportedly lay off 1,200 people as it hands over display, mobile and video ad sales to AOL and AppNexus. Redmond, Wash.-based Microsoft and AOL revealed a multifaceted deal this afternoon, with the sales component covering nine major international markets.
"We expect 100 percent of our sales force [to move] over to AOL in those nine markets," Rik van der Kooi, corporate vp of Microsoft's ad business, told Adweek. "That is subject to local laws, etc.
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