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Infoworld: AOL reorganizes to fold in Netscape, to lay off 1,000

Mar 25, 1999, 21:36 (0 Talkback[s])
(Other stories by Elinor Mills)

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"America Online on Wednesday announced it would reorganize into four product groups, including one devoted to Netscape Communications' operations, and would lay off between 700 and 1,000 workers from AOL and Netscape combined."

"AOL said it would eliminate between 350 and 500 jobs both internally and at Netscape. Currently, about 12,000 people work at the two companies, including about 2,500 at Netscape. AOL spokesman Jim Whitney said the company would be finalizing over the next few weeks what jobs in which areas of the companies would be cut."

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