“America Online Inc., moving quickly to swallow its newly
acquired Netscape unit, reportedly plans to slash up to 30 percent
of the software pioneer’s work force, or 750 employees.”
“The cuts in Netscape’s 2,500-workforce could come as soon as
next week, TheStreet.com online financial news service reported
Friday, citing unnamed sources close to the company. Netscape’s
employees mostly work at its Mountain View, Calif.
headquarters.”