AOL to cut 700 jobs in India; but to outsource 300

Washington, Mar 12 (PTI) American Internet giant, AOL, is
cutting 700 jobs in India, but is outsourcing 300, a top
company official has said.
"As a company, there's about 200 (job cuts) in the United
States and about 700 in India, although about 300 of those are
going to go an outsourcer.
So effectively, it's about 400 to 600 (job cuts) between
India and the US," AOL CEO Tim Armstrong told a television
channel in an interview.
The company currently has about 5,000 employees, which
includes employees from the recently acquired Huffington Post.
"We've dynamically changed AOL over the last couple of
years to really focus on content and restructure the
organisation starting with Europe and the US," he said.
"We're restructuring part of the Asia operations. But the
biggest thing we're focused on is really having the most
talented group of people we possibly can work at the company.
We have a great set of employees," he said.
"Right now, the Huffington Post comes in as an
opportunity for us to continue to focus on editorial quality
and journalism. In the advertising business, we made
tremendous progress," Armstrong said.
"I have just laid off dozens of the most talented
journalists & product folks I know," Jonathan Dube, general
manager of AOL's news and information group said n his Tweet.
"Need talent? Let me know!" he said.
Armstrong said the AOL has just announced a new brand
format for advertising which got industry standard.
"Then we are continuing to work on the communications
area. We have a new e-mail format out and a lot of other
products coming out in that area," he said.