AOL's Next Step: Layoffs

After AOL’s latest re-org last night, we learned that¬† new CEO Tim Armstrong has always had a three step plan for turning around the company.

In order, he wanted to address:

  • Strategy
  • Management structure
  • Cost structure

Anybody want to guess what Tim’s plan for solving “cost structure” entails?

We’ve heard AOL (TWX) will make an announcement on this score between now and February.¬† We figure the announcement will affect about 2,000 people.

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