Is AOL in trouble?

Sunday, November 15, 2009

By: Mallory Tandy

AOL recently cut 100 jobs and is making a drastic move by deciding to leave Time Warner Inc. Time Warner has said that AOL has had charges for restructuiring for as much as $200 million possibly due to work force.

Tim Armstrong, a former executive of Google Inc, took over AOL in March, has been trying to keep the optimism up for the workers, updating them regularly of what is going on with the company and what the future holds for them.

Time Warner approved the plans for AOL to spin off in May. This will make AOL an entirely separate company, which hopefully should lead to success after the failed merger between the two companies that occured in 2001.

I am not an AOL user, it never interested me. I am no sure if being it's own separated company will help them at all, it may continue to go down hill.

1 comments:

The News About The News November 15, 2009 at 9:18 PM  

I don't know a single person that still uses AOL. The idea of it is very old. They're going to have to do a lot more than switch companies to revive their users.

-Tessa Leone

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