After telling its investors that $ 200 million has been put aside to jettison a third of its payroll , AOL is look for 2,500 faculty to take voluntary redundancies — jump now , or be pushed later . It ’s all designed to shave about $ 300 million off its annual 1.8 billion operating disbursal . Instant messaging client , ICQ , is also up for cut-rate sale , and Mapquest could be next . As always , we ’re surprised that AOL still even exists . [ Business Insider ]
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