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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 a nationally-recognized, award-winning journalist who has covered the business of media, technology, radio and television for more than 11 years. He is the publisher of The Desk and contributes to Know Techie, Digital Content Next and StreamTV Insider. He previously worked for Thomson Reuters, the Walt Disney Company, McNaughton Newspapers and Tribune Broadcasting.
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