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AOL CEO Tim Armstrong wants 2,500 staffers to quit voluntarily between December 4 and December 9 as part of a cost-cutting move prior to the company’s IPO. That’s one-third of the company, btw. If Armstrong doesn’t see enough empty cubes, he’s gonna have to do the volunteering for some people. |
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Submitted by: Dan Giancaterino, Education Services Manager
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[...] I’m sure that’ll be a comfort to the 2,500 sacrificial lambs. [...]