AOL to trim staff; Yahoo looks to grow

AOL gets ready for a new round of layoffs as it struggles with continuing subscriber losses. Meanwhile, Yahoo taps a former ABC entertainment executive as it seeks a bigger role in the media industry.

AOL layoffs due next month

Faced with continuing subscriber loss, America Online will cut 5 percent of its work force, a source says.
November 2, 2004

Ex-TV exec to lead Yahoo media group

Company brings another entertainment heavyweight into its executive ranks, this time to spearhead its media division.
November 2, 2004

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