News Broadcasting
Time Warner plans job cuts at AOL
MUMBAI: Time Warner Inc. is planning to cut about 1,300 jobs at its AOL internet unit. This is in line with the company’s plans to reduce costs by $1 billion.
AOL will close its call centre in Florida and will eliminate jobs in its other call centres located in Ogden, Utah and Tucson. It will be cutting 780 jobs in Jacksonville. The Tucson call center will eliminate 300 jobs and Ogden will cut down 125.
Two years ago, Time Warner CEO Richard Parsons had decided to cut costs of the organisation. Accordingly, AOL cut its workforce by 700 people in the fourth quarter. It also eliminated 400 jobs in other divisions, including its publishing outfit.
