Report: AOL lays off 100 from ad unit
Redundancies in the Platform-A group for placing ads on AOL, third-party sites, and other advertising options are responsible for the cuts, the <i>Wall Street Journal</i> reports.
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Time Warner's AOL division began a 100-person layoff Friday, the Wall Street Journal reported.
The cuts came from the Platform-A group formed last September to offer ad inventory on its own and third-party Web sites. It will cut its employee count to about 1,500, the newspaper said. It quoted an AOL representative who said some people held redundant jobs from the consolidation of several groups into the division.
Last month, AOL replaced Curt Viebranz as the president of AOL with Lynda Clarizio, who had led the Tacoda component Platform-A.