Sunday, July 25, 2021

AOL to Lay Off 40% of Staff

All Things D: Unnamed sources say that AOL will soon announce layoffs of 40 percent of its employees, most of them from its instant messaging and mail divisions. In addition, they say Eric van Miltenburg, SVP of business operations, and Jason Shellen, head of the AIM division, will be leaving the company.

Several other top executives have recently left AOL. The company is pursuing cost-cutting measures while facing a challenge from an activist shareholder.

Similar articles

Latest Articles

Data Science Market Trends...

When famed mathematician John W. Tukey postulated that advanced computing would have a profound effect on data analysis, he probably didn’t imagine the full...

Data Recovery Market Trends...

Data recovery is more important than ever in this era of constant cyber attacks and ransomware. The Verizon Data Breach Investigations Report (DBIR) looked...

Trends in Data Visualization

In a world of big data, visualization is becoming a key skill set that every business must master.  Digital technology has transformed the way businesses...

Microsoft Data Portfolio Review

With a host of analytics services for almost any situation, Microsoft Azure’s data services have got just about every base covered.   In the world...