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| AOL is to cut 5,000 jobs
in next 6 months.(Xinhua
Photo) |
BEIJING, Aug.4
(Xinhuanet) -- The United States Internet service provider AOL plans to cut
about 5,000 employees as the company restructures its business to focus on
online advertising instead of dial-up subscriptions, reported the
Washington Post on Thursday.
"At a company-wide Web cast this morning, AOL chief
executive Jon Miller told AOL's worldwide workforce of 19,000 people that about
5,000 employees would within six months likely no longer be with the company,"
said AOL spokesman John Buckley after a meeting Wednesday.
AOL's parent company, Time Warner, is taking drastic
action to turn the business around and announced this week that it would be
making features such as e-mail and instant messaging free.
Once regarded as being at the cutting edge of online
access, AOL has struggled to keep up with competitors and its subscriber base
has fallen from 26.7 million to 17.7 million over the last four years.
Since the beginning of the year, AOL has shed 1,300
positions, mostly in its call centers in Florida and Arizona. This
time, most of the cuts are expected to come from AOL's business in Europe,
where AOL has said it is negotiating to sell its dial-up-related business to
European telecommunications firms. Enditem
(Agencies)