Written by admin
Friday, November 20th, 2009
“AOL staff has confirmed that the company is set to lay off thousands more employees in the coming months, following the announcement of the launch of a voluntary layoff program.
Tricia Primrose, vice president of AOL’s Corporate Communications, said AOL employees were informed of the move Thursday and the company will ask for 2,500 employees to volunteer for the layoff program. The voluntary layoff program will run from Dec. 4-11. The layoffs represent one-third of the company’s workforce.
‘We will need to do an involuntary layoff if we do not reach the target numbers through the voluntary option,’ Primrose said in a statement. ‘We believe the voluntary program gives people more choice and decision-making ability instead of waiting for the final cost recommendations and involuntary layoffs.’”
(Source: Leesburg Today – The Journal of Loudoun County – AOL To Institute Voluntary Layoff Program)
