We had no immediate use for the silicon fabrication plant where memories were made and had to shut it down - Andy Grove - Only the Paranoid Survive
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AOL to cut hundreds of jobs
And, at the same time, internalmemos.com has posted an internal message from AOL's Jon Miller, showing the steps it will adopt as part of its strategic review to change its busines.
That includes making narrowband business more profitable, and going "back to basics", Miller said.
AOL will change its strategy to be a multi-band organisation, the memo said, and will strike agreements with a number of third party players. Those include content agreements, and changing the way it offers subscriptions and does advertising.
The Post article says that AOL will cut network expenses, and employees in several locations will lose their jobs.
You can find internalmemos.com here , and the Washington Post article here. µ
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