AOL Loses Its Shine?
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The Washington Post announced today that AOL will be cutting more than 700 jobs, mainly in its Virginia Internet headquarters.
America Online Inc. is preparing to fire more than 700 employees in early December — mostly at the company’s Northern Virginia headquarters — a cost-cutting move tied to the firm’s continuing loss of subscribers to faster or cheaper Internet services, according to officials familiar with the decision.
Roughly 5,000 of AOL’s 13,000 U.S. employees are based in Northern Virginia.
We guess that there is no busy signal at AOL headquarters!
