Thursday, June 15, 2017

Baltimore impact of Verizon cutting 2,100 jobs at AOL, Yahoo is unclear

With layoffs looming at AOL and Yahoo, it is unclear how many jobs may be affected in Baltimore. Tim Armstrong, the CEO of Oath — the parent company of AOL and Yahoo — confirmed Wednesday the company will axe about 2,100 jobs from the two technology companies, and that most employees will know their fate by the end of the week. Verizon, which owns AOL, closed its $4.5 billion acquisition of Yahoo’s internet services. Caroline Campbell, a spokeswoman for AOL, said the company not comment on…



from http://www.bizjournals.com/baltimore/news/2017/06/15/baltimore-impact-of-verizon-cutting-2-100-jobs-at.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/161854534352

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