AOL to Eliminate Up to 900 Jobs

AOL Inc. (AOL), the Internet company that agreed to buy the Huffington Post last month, said it will eliminate as many as 900 jobs as the company integrates the news website and restructures to try to return to revenue growth. The company will cut as many as 700 jobs in India and 200 in the U.S., Chief Executive Officer Tim Armstrong wrote in a memo to employees today. – Bloomberg

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