Reuters: AOL to cut 700 jobs: internal memo

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AOL to cut 700 jobs: internal memo
      

NEW YORK (Reuters) - Time Warner Inc's AOL will cut about 700 jobs, or 10 percent of its workforce, as it copes with an advertising slump, in a move that could make the slimmed-down company more attractive to possible merger partners like Yahoo Inc.<div class="feedflare">
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