AOL is fighting hard to stay relevant in the online world, but the company isn't immune to layoffs and will ax close to 100 workers this week, according to All Things Digital. Unfortunately, those cuts are just a precursor to larger company-wide layoffs that could leave up to 1,000 staff members without jobs.
The larger layoffs will reportedly come next month, just as AOL becomes independent from Time Warner.
AOL's revenue was down 23 percent in the third-quarter of 2009. Advertising revenue, which is supposed to be the struggling company's strong point, fell 18 percent during the quarter.