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New AOL ad boss Lynda Clarizio fires 100, more cuts coming

Lynda_Clarizio.jpgAOL will layoff "less than 500" from its Platform-A advertising division starting today. The severance packages "stink," a source tells Silicon Alley Insider . AOL calls the cuts an ongoing "alignment," not a layoff, and suggests the number headed for the street is closer to 100.

11:20 AM on Fri Apr 18 2008
By Nicholas Carlson
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