AOL Plans Big Cuts in Costs, Jobs - Business & Economy

AOL Plans Big Cuts in Costs, Jobs

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Posted by: Marc Flemming

America Online will undergo "relentless" cost cutting this year by eliminating a portion of its $1 billion in marketing expenses, slashing its 18,000-person payroll and trimming computer-network costs, a senior corporate official said yesterday.

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Posted by: Lenas_slave

do we know the reason for this?

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Posted by: KM179

quote:
Marc Flemming said this in post #1 :
America Online will undergo "relentless" cost cutting this year by eliminating a portion of its $1 billion in marketing expenses, slashing its 18,000-person payroll and trimming computer-network costs, a senior corporate official said yesterday.


For one they could quit sending out so many damn CDs. One could shingle a whole house with the number of CDs AOL sends out. Environmental activates are probably having a field day with AOL.

Dial up is going by the way side. High bandwith connections is where it is at. My MSN dial up service actually went down in cost and the only reason why I keep it is because of laptop portability.
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