News of AOL cutting 2,500 jobs is seen on an electronic news ticker in New York, November 19, 2009. Web company AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of its planned spin-off from Time Warner Inc. Reuters Pictures logo Reuters Pictures 27 months ago

News of AOL cutting 2,500 jobs is seen on an electronic news ticker in New York, November 19, 2009. Web company AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of its planned spin-off from Time Warner Inc.