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BtoB

AOL cuts 900 staffers

Published on .

Washington, D.C.—AOL announced plans Thursday to cut 900 positions in the wake of its $315 million acquisition of the Huffington Post. About 200 of the job cuts will take place in the AOL Media and tech groups in the U.S.

Another 700 jobs will be cut from AOL India, mainly back office and support jobs. About 300 of those jobs will be “transitioned” to third-party suppliers, according to AOL.

AOL CEO Tim Armstrong said in a memo that AOL plans to invest in content to hire more editorial staffers for the Huffington Post Media Group and Patch, AOL's local news initiative. He said AOL will be a “net importer of journalists.”

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