- 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. iRead the whole story at Variety »