AOL’s Patch Layoffs Coming Today

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By: Peter Kafka | AllThingsD

AOL will begin laying off employees at its Patch unit on Friday, according to people familiar with the company’s plans.

Last week, AOL CEO Tim Armstrong announced that he would shutter or try to find partners for up to 400 of his 900 local news sites. I don’t know if Armstrong was able to find takers for any of the sites, but we should learn more about their status when the cuts begin today.

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