by Christopher Freeburn | October 18, 2013 10:16 am
AOL is cutting back its Patch operations significantly and will maintain complete staffs for only a limited number of Patch websites.
The sites that will keep full staffs cover 14 markets that generate the “highest traffic and revenue,” according to a memo sent to Patch employees obtained by Poynter.org.
Patch websites focusing on areas peripheral to the 14 major markets will only feature light staffs. Websites beyond the critical markets won’t have any staff at all, but will continue to see content posted from Patch’s “central publishing team.”
The 14 markets that will continue to have full Patch staffs are:
AOL recently announced plans to close or sell about a third of Patch websites.
Shares of AOL climbed about 2% in Friday morning trading.
Source URL: http://investorplace.com/2013/10/aol-announces-plan-fully-staff-patch-top-14-markets/
Short URL: http://invstplc.com/1fwJ0c1
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.