Big changes at AOL

The company details its reorganization in the wake of its merger with Netscape. Up to 1,000 jobs will be cut, with both companies letting workers go. Employees react with a mixture of fear and optimism as AOL establishes a new power base in Silicon Valley.

AOL to cut up to 1,000 jobs The company will cut 350-500 jobs from Netscape and from its own operations as details of the firm's reorganization emerge. AOL goes west Merging with Netscape will put several of the firm's most important operations--and several of its top execs--in Silicon Valley. Insiders, outsiders react to merger The layoffs at AOL and Netscape have employees "freaked out," but comforting words from top execs seem to have been somewhat effective.