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
'Gods Of Egypt': 'Selma' Director Ava DuVernay Responds To Alex Proyas & Lionsgate Apology For Lack Of Diversity - Update
Thanksgiving Box Office +12% Over 2014, Boosted By 'Mockingjay 2', 'Good Dinosaur' & 'Creed' - Sunday AM Final Update
China Makes Space For ‘The Martian’ As ‘Good Dinosaur’ Snatches Eggs From No. 1 ‘Mockingjay 2’ – Intl B.O. Update