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- AOL Will Pay Fired CEO Randy Falco $8.5 Million Through 2010…
- AOL will continue paying fired CEO Randy Falco's $1 million salary and $7.5 million in bonuses through 2010, the company disclosed in an SEC filing. MediaMemo's Peter Kafka, who dug through filing to find the news , also says former AOL COO…
- The Business Insider
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- 11/16/2009
- Google Makes AOL’s Turnaround Task Even Harder
- That said, AOL will also be paying former AOL CEO Randy Falco, who got tossed out in March. Falco will continue to pull down a $1 million salary through 2010–and he’ll get $7.5 million in bonuses through then as well. Former AOL COO Ron…
- All Things Digital
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- 11/13/2009
- 2nd UPDATE: AOL Seeks To Reduce Workforce By One-Third
- In January, Armstrong's predecessor, Randy Falco , said AOL would cut 10% of its workforce, or about 700 employees, and several rounds of layoffs occurred in connection with that plan. The company also hired a number of journalists over the…
- CNN Money
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- 11/19/2009
- AOL Seeks to Reduce Workforce by One-Third
- In January, Armstrong's predecessor, Randy Falco, said AOL would cut 10% of its workforce, or about 700 employees, and several rounds of layoffs occurred in connection with that plan. The company also hired a number of journalists over the…
- Smart Money
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- 11/20/2009
- AOL to Cut One-Third of Work Force
- In the past year, Yahoo undertook layoffs of about 1,400, Microsoft and Google made smaller cuts, and AOL -- under CEO Randy Falco -- undertook rolling layoffs of approximately 700 staff. They also said gossip site TMZ would stay with Time…
- ClickZ
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- 11/19/2009