AOL to slash 900 jobs in India, US - Sify

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New York, March 11 (DPA) Former internet giant AOL is to slash 700 jobs in India and a further 200 in the US in the wake of its $315 million deal to buy the Huffington Post news site, the company has said.

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The staff in India generally provide back-end support for AOL's network, and 300 of the cut positions jobs will be outsourced, AOL said Thursday.

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AOL once dominated internet access in the US, but its position began to slide with the growth of broadband soon after its disastrous 2000 mega-merger with Time-Warner and AOL was spun off from the media giant in 2009.

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AOL to slash 900 jobs in India, US - Sify

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This page contains a single entry by Viraj published on March 11, 2011 8:35 AM.

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