AOL Re-Orgs Aren't Over

More turnover and turmoil is coming to AOL’s management ranks, MediaMemo‘s Peter Kafka reports.

Peter roped AOL CEO Tim Armstrong into an interview and learned the following:

  • AOL (TWX) is still looking for a chief marketing officer.
  • Tim plans to fire more executives. The bloodletting won’t end till an internal review process called “Project Everest” finishes in December.
  • Layoffs are coming too.
  • “Internet ad dollars are beginning to flow out again.”
  • Armstrong was surprised (or acted surprised) by our report last week that he met with Microsoft’s (MSFT) Bing boss Yusuf Mehdi.

Read on at MediaMemo>

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