AOL Said to Cut 500 Workers to Narrow Focus on Mobile, Video

AOL Said to Cut 500 Workers to Narrow Focus on Mobile, Video

AOL, which was acquired by Verizon Communications in 2015 for $4.4 billion, is firing as many as 500 employees as part of a restructuring plan to focus on mobile, video and data, according to a person familiar with the matter. The layoffs are occurring in all of AOL’s business units, said the person, who asked not […]