AOL Cutting Up to 5,000 Jobs

AOL has been going through quite a few changes recently. In July, AOL announced a drastic change in their service by offering its services free of charge to broadband users. Today we learn that AOL will also be offering 5GB of free file storage, but will also be cutting around 5,000 jobs in the next six months. AOL currently has a global force of about 19,000 employees.

"Some employees in Europe will still have jobs but with a different company as AOL looks to sell its Internet access businesses there. But in general, massive layoffs are expected as AOL stops actively marketing its dial-up services in the United States and reduces its need for customer-support centers."
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