To: Boplicity who wrote (7766 ) 3/24/1999 1:58:00 PM From: Roy F Read Replies (1) | Respond to of 41369
AOL to cut up to 1,000 jobs in restructuring March 24, 1999 01:22 PM DULLES, Va., March 24 (Reuters) - Internet services giant America Online Inc AOL . said Wednesday it was cutting up to 1,000 jobs, or 8 percent of its 12,000 employees, as part of a reorganization following its acquisition of Netscape Communications Corp. AOL, which completed the $10 billion acquisition of the pioneering Internet software maker last week, said the four product groups will focus on its interactive, or online, services AOL and CompuServe; its independent Internet products; Netscape corporate software; and its international operations. -------------------------------------------------------------------------------- Following are Reuters Alerts related to this article -------------------------------------------------------------------------------- ALERT AMERICA ONLINE SAYS TO ORGANIZE INTO FOUR PRODUCT GROUPS REUTERS -------------------------------------------------------------------------------- ALERT AOL TO CUT 350-500 JOBS AT NETSCAPE, AND SIMILAR NUMBERS AT OTHER AOL UNITS REUTERS -------------------------------------------------------------------------------- ALERT AOL TO TAKE UNDISCLOSED Q3 CHARGE FOR NETSCAPE INTEGRATION, AOL REORGANIZATION REUTERS -------------------------------------------------------------------------------- ALERT AOL SAYS BARRY SCHULER TO HEAD AOL INTERACTIVE SERVICES UNIT REUTERS -------------------------------------------------------------------------------- ALERT AOL SAYS JONATHAN SACKS NAMED GENERAL MANAGER OF FLAGSHIP AOL SERVICE REUTERS -------------------------------------------------------------------------------- ALERT AOL SAYS NETSCAPE EXECS M. HOMER, L. MIREK AND J. PAUL JOIN AOL INTERACTIVE REUTERS -------------------------------------------------------------------------------- ALERT AOL, SUN NAME MARK TOLLIVER, SUN CONSUMER CHIEF, AS ALLIANCE GENERAL MANAGER REUTERS --------------------------------------------------------------------------------