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AOL Lays Off 450 Workers as Restructuring Continues

AOL continues to preen its payroll as the company moves from a subscription-based service, to a free model. The company laid off 450 workers from its Dulles, Va. headquarters this week, the Associated Press reports. Most of these positions were related to the company's dial-up access business, which AOL is trying to move away from. AOL spokesman Andrew Weinstein said Wednesday's layoffs would likely be the final round of job cuts.

So far 500 workers have been cut from the Dulles headquarters, roughly half the number originally estimated. However, all four U.S. call centers have been closed and relocated overseas - to India and the Philippines.

AOL announced in August that it planned to cut around 5,000 jobs in total, which accounted for almost a fourth of the company's global workforce. The layoffs are a cost-cutting measure as AOL shifts its revenue stream from subscription fees to online advertising. Many of AOL's main features, like email accounts, are now available for free.

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