Wednesday, October 19, 2005

AOL cuts more than 700 jobs

A Reuters newswire article, via CNN/Money, reports that:

Time Warner Inc.'s AOL Internet division this week laid off more than 700 employees, the company said Wednesday.

AOL, which is currently being courted by Microsoft, Google Inc., Comcast Corp., and Yahoo for a possible investment and joint venture, shut down its Orlando, Florida, call center, and trimmed jobs in other areas, including the division's corporate headquarters in Dulles, Virginia.

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