There's no question it's a jarring contrast: layoffs versus champagne and cookies.
But that's the reality at AOL as its acquisition of the Huffington Post closes this week, even as it plans to sheds employees as part of its ongoing turnaround effort.
Sources said the New York-based Internet portal will announce layoffs soon.
AOL CEO Tim Armstrong indicated job cuts were definitely coming at a PaidContent conference in New York yesterday.
"There will be job changes," he said, when asked about layoffs.
Perhaps sooner than later.
Several sources close to the situation confirmed that the … Read more