IndustryAOL to Nix 2,500 Jobs; Asks for Volunteers

AOL to Nix 2,500 Jobs; Asks for Volunteers

AOL is looking to cut 2,500 jobs. Before they go through the tough choice of choosing who to let go, they’re asking if anyone wants to volunteer to get the axe.

Oh, how I’ve been there and oh, how this sucks for AOL-ers. Goodbye, productivity. Hello, everyone trying to figure out if they’re safe.

At least the process seems to have a defined endpoint. AOL says they expect to incur $200 million in costs from “re-structuring” and that those costs will incur before the December 9 spinoff date.

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