AOL is Leaner
AOL has gone through many changes. I read an article that stated they had about 20,000 employees at one time and are now 1/5th the size, after their most recent layoffs. It is never easy to layoff anyone and we hope they all find work soon.
Do not count AOL out, some see a trimming of staff as negative however it many ways it may make them stronger. Their new management may just have a more focused leaner team and do not forget they switched from a subscription model to an advertising model. Of course I am simplifying that but you understand.
2 Comments
Tyson on December 21st, 2009
They seem to constantly cut, will it ever end? Is it due to spiraling revenue or a better team to manage the business cutting to a size that makes sense?
samaparicio on December 11th, 2009
AOL has a sizable challenge ahead. A company that once was worth $350B is now a mere $2.5B, and they're going against giants with a lot more momentum. AOL still has 100M users and some good properties, but the expectations are so high that nothing short of perfection will be taken as a failure by their naysayers.
It was interesting to see Jason Calcanis come out with a strong endorsement of AOL, though. This may be a case where industry insiders and visionaries are seeing a compelling business with much strength and a solid business model and observers are just not clued in.