AOL LAYOFF'S

AOL has said that it has plans to reduce its domestic headcount by 700 people.

"The deepening economic recession has affected every corner of the economy, including our own," he wrote in a memo that was e-mailed to AOL employees in January. "Reducing our workforce is never easy, particularly in the current climate, but our goal in doing this is to provide our core businesses the resources they need to thrive."

- Randy Falco AOL Chief Executive

THANKS FOR THAT TIP RANDY, IM SURE EVERYONE WHO GOT LAID OFF FEELS BETTER