Comments
Internet company AOL is cutting more than 900 jobs as it joins forces with The Huffington Post and seeks to reinvent itself as a major player in online news.
AOL said it is laying off more than 200 employees in the US and over 700 in India — nearly 20 per cent of its 5,000-strong global workforce.
Some 300 of the 700 AOL employees being laid off in India would transition to third-party companies providing services to AOL, including Hewlett-Packard and MindTree, it said. AOL completed its acquisition of The Huffington Post on Monday.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.