AOL lays off 500 employees after adding 1,500 employees over the last 12 months

 AOL CEO Tim Armstrong just announced internally that there will be layoffs across AOL’s global workforce (AOL is TechCrunch’s parent company). The company will focus on mobile, video and data across two business units — media and platforms. While the company doesn’t say exactly how many people will be affected by these layoffs, it is going to impact different teams… Read More