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AOL's Armstrong Unveils New Build Studio

  • Variety, Tuesday, January 17, 2017 8:45 AM
 AOL has been investing in new initiatives like the new Greenwich Village-located Build Studio, which had an open house recently. But it also whacked 500 jobs in its fourth quarter, more than 5% of its workplace. CEO Tim Armstrong says the cuts were mainly among display sales workers, because AOL is going toward more programmatic selling and toward sponsored content.  i

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