AOL to cut 20% of its jobs

AOL Inc., the Internet company spun off from Time Warner Inc.

AOL COO Artie Minson may resign. Meanwhile, AOL is poised to hire Susan Lyne to run all of its brands –other than Huffington Post.

NEW YORK/BANGALORE (Reuters) - AOL Inc will cut more than 900 jobs, or 20 percent of its global workforce, as it struggles to catch up to Google Inc and Facebook.

Reuters - AOL Inc will cut more than 900 jobs, or 20 percent of its global workforce, as it struggles to catch up to Google Inc and Facebook.

US internet firm AOL is cutting 900 jobs in a move to restructure the company after its purchase of the Huffington Post.

NEW YORK (Reuters) - Time Warner Inc's AOL will cut about 700 jobs, or 10 percent of its workforce, as it copes with an advertising slump, in a move that could make the slimmed-down company more attractive to possible merger partners like Yahoo Inc.