If you’re going to fire hundreds of employees, at least have the guts to do so individually. After years of dedicated, time-consuming work, hundreds of online media employees were let go during a series of conference calls last week; taking “it’s nothing personal” to an entirely new level.
It all started out so optimistic: When AOL’s chief executive Tim Armstrong came onboard from Google, his dream of a network of local news sites that would cover all the comings and goings of communities across the country seemed like it could work out. Patch got $50 million and the high hopes of its fans at AOL in 2009, but now the company says its days are numbered. [More]