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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  AOL - 5000 Lose Jobs In Company Shake-Up
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Author Topic: AOL - 5000 Lose Jobs In Company Shake-Up  (Read 770 times)

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Offline GhostShip

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AOL - 5000 Lose Jobs In Company Shake-Up
« on: August 04, 2006, 01:19:44 am »
This is not good news for many families  :o

http://www.breitbart.com/news/2006/08/03/D8J92Q880.html

Quote
AOL said Thursday it would drop as many as 5,000 employees, or a quarter of its global workforce, within six months as the company restructures its business to draw more online advertising dollars.
The announcement came a day after the Time Warner Inc. unit said it would no longer charge high-speed Internet customers for e-mail and other services.


These big lay-offs are bad news for customers in the long run, but no compnay can afford to run at a loss, why do they wait till matters are so drastic ?
The up side is of course the removal of charges on previously paid for services, is it too little, too late ?

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