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Will AOL’s Implosion Ever End? Laying off 2,300…

William — Sun, 22 Nov 2009 05:47:43 +0000

AOL continues an interesting trip that took them from one of the largest and most powerful ISPs on the Internet, to a fractured and financially-troubled company with dreams of becoming an advertising giant. Of course most of their problems were caused by their inability to adapt to (or really in some cases even recognize) the broadband market – something that was at least in part caused by former executive Lisa Hook, who went on to do amazing things with VoIP carrier SunRocket as well. With its spin off from Time Warner, the company this fall has undergone its latest in an endless line of evolution efforts, but has announced those changes will come with pink slips for about one third of AOL’s employees, or about 2,300 workers.

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Sprint Announces 2,000 Job Cuts

William — Thu, 12 Nov 2009 08:18:02 +0000

Their recent fourth quarter earnings report indicates that despite some clear customer service improvements, Sprint continues to bleed both subscribers and cash as the company recovers from their merger with Nextel. To help make ends meet, the company yesterday announced they’ll be laying off between 2,000 and 2,500 employees during the fourth quarter. According to Sprint, the layoffs should save the company about 0 million annually. “The company is taking this action in a careful manner to ensure that there is no impact on the improved customer experience that has been reflected in much higher levels of satisfaction in customer surveys and in independent performance tests,” proclaims Sprint.

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