Nearly half a year after its acquisition by Verizon, AOL is still making adjustments – this time with the layoff of 100 employees, TechCrunch reported Tuesday.
According to the report, the latest cuts come mainly from AOL’s Membership division, but also include some positions in marketing, advertising and social media.
AOL senior vice president of Brand and Communications Caroline Campbell told TechCrunch the move was a strategic realignment to put customers “more squarely at the center” of the business’s operations.
In May, Verizon acquired AOL in a $4.4 billion deal as the carrier prepared for the launch of its Over-the-Top Go90 mobile video services this fall. At the time, Verizon said the deal would help it create a scaled mobile platform for advertising and would give Verizon access to AOL’s large digital content portfolio.
Shortly after the transition, AOL cut about 150 positions, mostly in sales. AOL currently has around 6,000 employees, TechCrunch said.
But AOL isn’t the only one tweaking its structure these days.
In October, Verizon announced plans to reduce its number of regional offices from 20 to six as part of a realignment effort in its wireless division. The move was expected to include job cuts, but an exact figure was not provided.