[link|http://www.boston.com/business/technology/articles/2004/12/08/aol_cuts_4_of_workforce/|http://www.boston.co...s_4_of_workforce/]
Time Warner Inc.'s America Online division, the biggest US Internet service, said it cut 750 jobs, or about 4 percent of its workforce, amid subscriber losses.
Half of the reductions are in Dulles, Va., where AOL is based, spokesman Jim Whitney said yesterday. The rest are in California and Ohio. AOL has about 20,000 employees. The company is cutting in most departments, including in software development and marketing, he said.
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Looks like the recovery is going just swimmingly.