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

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

By:

Matthew Keys

mkeys@thedesk.net

•

August 8, 2013

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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 the award-winning founder and editor of TheDesk.net, an authoritative voice on broadcast and streaming TV, media and tech. With over ten years of experience, he's a recognized expert in broadcast, streaming, and digital media, with work featured in publications such as StreamTV Insider and Digital Content Next, and past roles at Thomson Reuters and Disney-ABC Television Group.