AOL: More Layoffs Inevitable

More layoffs are likely coming to AOL.
Next week, CEO Tim Armstrong will announce plans for the company to focus on four businesses -- content publishing, ad network, local, and communications. AOL will fuel those four with revenues from its still huge but quickly shrinking access business.

What Tim might not say is that AOL does not need its current headcount of ~8,000 employees to pursue this plan. A simple benchmarking exercise suggests that AOL probably needs about 5,000 instead of 7,000 employees.
Source: BusinessInsider