Category Archives: HEADLINE NEWS

AOL Cuts 900 jobs after purchasing Huffington Post

by Natalie Monique Staff

Since acquiring Huffington Post for $315 million, AOL has cut 20% of its jobs during the change over process.  According to AOL’s Chief Executive, Tim Armstrong, 200 jobs will be cut in the US and 900 in India, mostly in AOL offices.

On Monday, AOL closed its purchase deal with The Huffington Post, a news website that carries news from external sources as well as original content of their own. Employees were notified of this job cut via email. Why did Huffington make the huge and final decision to sell out to AOL in the first place?   See full story here