The news came today as part of an internal memo from CEO Tim Armstrong that was obtained by Bloomberg. It was only a matter of time for the move after AOL acquired The Huffington Post last month for $315 million. Most of the cuts will come from employees in India, but about 200 will be U.S.-based jobs. In total, that’s about 15% of the Internet company’s total work force.
AOL Lays Off As Many As 900 In Wake Of HuffPo Buy
What's Hot on Deadline
'Justice League' Lassos $185.5M Overseas, $281.5M WW; 'Thor' Rocks To $738M Global - International Box Office
'Justice League' Encounters Kryptonite At The B.O. With $96M Opening: Why The DC Movie Weakened - Sunday AM Update