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Reports: AOL’s Patch laying off hundreds of employees Friday

Patch, the ambitious hyperlocal news website operated by AOL, is set to lay off as many as 500 editorial employees on Friday, according to two news reports.

The International Business Times and media journalist Jim Romenesko report via sources that around 45 percent of Patch’s 1,300 employees will be given pink slips.

Romenesko reported that Patch CEO Tim Armstrong suggested shutting around 300 of the site’s 900 hyperlocal news operations.

Jim Romenesko: Patch to lay off hundreds of employees on Friday
IBTimes: AOL to lay off around 500 from Patch

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About the Author:

Matthew Keys

Matthew Keys is an award-winning journalist with more than 10 years of experience covering the business of television and radio broadcasting, streaming services and the overall media industry. In addition to his work as publisher of The Desk, Matthew contributes regularly to StreamTV Insider and KnowTechie, and has worked for several well-known news organizations, including Thomson Reuters, McNaughton Newspapers, Grasswire, Comstock's magazine, KTXL-TV and KGO-TV. Matthew is a member of IRE, a trade organization for investigative reporters and editors, and is based in Northern California.

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