Details of AOL's Voluntary Layoff Plan
On Thursday WebNewser reported that AOL is seeking as many as 2,500 employees to step up and take a severance deal.
Now the Wall Street Journal has some details on AOL’s “Voluntary Separation Program”:
The company said Thursday it is asking for up to 2,500 people across all divisions to take buyout packages during a one-week program starting Dec. 4. If AOL doesn’t reach that target, it intends to make involuntary layoffs, leaving the company with about 4,400 employees.
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