Monday, August 19, 2013

AOL Begins Massive Round of Layoffs at Patch, Shuttering of...





AOL Begins Massive Round of Layoffs at Patch, Shuttering of Sites http://bit.ly/16UrRp6

It’s a bloody Friday at AOL’s Patch.


The network of community news sites is set to lay off more than 500 staffers, as many as 350 today, according to a report by AllThingsD.


As earlier reported, as much as 40% of Patch’s 900 sites may be shuttered, with 20% closing immediately and another 20% set to search for partners, according to multiple reports.


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