AOL today started notifying employees of layoffs. According to the Washington Post, about 2,000 jobs will be eliminated, in an effort to reshape the company to better compete with Yahoo and Google.
The biggest hit will be for U.S. employees. It’s estimated that 1,200 of the layoffs will affect people working in the U.S.
Last month, AOL announced that it would would relocate its Dulles headquarters to New York City.