by the BBC
US internet firm AOL is to cut 900 jobs, nearly 20% of its 5,000-strong workforce, as part of a move to restructure the company in the wake of its purchase of online newspaper the Huffington Post. AOL bought the Huffington Post in February for $315m (£196m). The job losses are intended to offset duplication between the two companies. Some 200 jobs are expected to go from the company’s US content and technology divisions.
http://www.bbc.co.uk/news/business-12704855
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