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CEO Armstrong will forgo 09 bonus as AOL slashes a third of staff
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Guardian.co.uk
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November 20, 2009
AOL plans to let 2,500 employees go in attempt to reduce costs $300 million annually We said last week that the cuts at the new AOL could go far deeper than the anticipated 1,000. At the time, execs declined comment but today the company admitted that it is it slashing its 6,900-member staff by roug...
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