AOL Begins Massive Round of Layoffs at Patch, Shuttering of Sites
It’s a bloody Friday at AOL’s Patch.
The network of community news sites is set to lay off about 500 staffers, as many as 350 today, according to a report by AllThingsD.
As earlier reported, as much as 40% of Patch’s 900 sites may be shuttered, with 20% closing immediately and another 20% set to search for partners, according to multiple reports.