Aol Is Restructuring, Layoffs And Site Closures Likely
Aol, owner of TechCrunch, is gearing up for some housekeeping. TechCrunch has learned that the company is preparing to lay off staff and close or fold up underperforming titles as part of a bigger restructuring, aimed at simplifying the company around ad tech, stronger content operations and video. Or, as one source put it to TechCrunch, “stopping things that are not moving the needle while investing in things that are.”
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