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Huffington Post Canada lays off employees, including only journalists in B.C. bureau: sources

BusinessBy adminNovember 26, 2016Leave a comment

[ad_1] The Huffington Post Canada, the media and news website owned by the Canadian subsidiary of AOL Inc., has laid off seven staff, including the only two journalists at its British Columbia bureau, two casual employees and one manager, according to sources who spoke to the Financial Post. Last week, AOL announced plans to lay off 500 employees,…

Verizon-owned AOL to layoff 500 employees, mostly in corporate unit: source

BusinessBy adminNovember 17, 2016Leave a comment

[ad_1] Digital media company AOL, owned by Verizon Communications Inc, will lay off five  per cent of its workforce, or about 500 employees, a source familiar with the situation said. Most of the cuts will be in AOL’s corporate units, while resources will be shifted more to its mobile, video and data offerings, AOL Chief…

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