Silicon Alley Insider on Wednesday reported that AOL fired as many as 50 people, all from sales and marketing. According to one source, who goes and who stays was determined strictly by past sales
performance. SAI's Nicholas Carlson notes that AOL's Platform-A advertising unit was particularly hard-hit. "From what I'm hearing the state over there is panic, shock and chaos. It was a bloodbath,"
said one source.
The remaining sales reps were told that replacements would most likely come from Google, which makes sense, considering that new AOL sales boss Jeff Levick and new AOL
CEO Tim Armstrong both come from the search giant.
Read the whole story at Silicon Alley Insider »
