AOL Reportedly Cuts 100 Jobs as Prelude to Mass LayoffsAuthored by Mark Hefflinger on November 10, 2009 - 9:30am.
All Things D wrote that Armstrong is "seriously considering" offering voluntary buyouts as a way to limit the number of cuts. Time Warner last week announced that AOL's revenue dropped 23% during the third quarter, as subscription and ad revenue both fell by double digits.
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