You’ve read all of your free items this month. To register, get added benefits and unlimited access to articles, Become a Member. Already a Member? Sign in. Advertising Age Article Abstract AOL to Cut 2,500 Employees Through Buyouts, Layoffs CEO Armstrong Says He'll Give Up 2009 Bonus By Michael Learmonth, Published on November 19, 2009 1 Want more Access, Content & Connections? Upgrade to Membership. We are glad you are enjoying Advertising Age. To get uninterrupted access and additional benefits, become a member today. Become a Member Already a member? Log in.