AOL Cuts cost

Discussion in 'General Chat' started by sarathy, Oct 27, 2006.

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  1. #1
    THis is a news., thought of posting this in the business section first though.,

    As AOL’s India launch is nearing, the US-based $8-billion internet giant has picked up a massive office space in Bangalore. The Times of India reports that AOL has entered into an agreement with property developer RMZ Corp to take up 0.3 million sq.ft. of office space in Bangalore. The space can accommodate about 3,000 people, the report says. Apparently, AOL is looking at 0.5 million space in Bangalore.
    This is most likely for expanding AOL’s back-end operations. AOL is cutting staff in the US and Europe. It employs about 19,000 people worldwide and plans to cut by a quarter. It’s most likely some of these jobs may be transferred to India then.

    http://www.contentsutra.com/entry/aol-picks-up-300000-square-feet-space-in-bangalore/

    A seperate news section can be created in DP :)
     
    sarathy, Oct 27, 2006 IP
  2. jameskon

    jameskon Well-Known Member

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    #2
    Thats a really good news....better chance now for bangalore ppl...
     
    jameskon, Oct 27, 2006 IP
  3. DSarathy

    DSarathy Peon

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    #3
    Hi Sarathy,

    Thanks for the information. This is yet another story to strengthen our India Story.

    D Sarathy.
    RankQuest.
     
    DSarathy, Oct 28, 2006 IP
  4. sarathy

    sarathy Peon

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    #4
    Sorry for being offtopic,
    I thought i would be the wonly person with the name "sarathy" in the forums :D
     
    sarathy, Oct 29, 2006 IP