Audio By Carbonatix
AOL CEO Tim Armstrong told employees Tuesday that he's sorry for publicly firing an employee for taking a photo during a conference call. But the guy is still fired.
On Friday, Armstrong was leading a conference call to discuss the future of AOL's hyper-local news network called Patch. The creative director of Patch, Abel Lenz, reportedly tried to take a photo, and Armstrong fired him on the spot -- and everyone on the call overheard.
CNNMoney obtained a memo Armstrong sent to employees on Tuesday, in which the CEO said the public manner of Lenz's firing was a "mistake." Business Insider was the first to post the memo.
"It was an emotional response at the start of a difficult discussion dealing with many people's careers and livelihoods," Armstrong wrote. AOL is considering cutting the number of sites to 600 from 900, which will likely mean a few hundred Patch employees will be let go.
[A]t a human level it was unfair to Abel," Armstrong wrote, adding that he apologized to Lenz personally "for the way the matter was handled."
But Lenz is still out of a job. Armstrong said he had previously been warned not to record confidential meetings so that employees can feel free to speak openly.
Patch, which Armstrong co-founded in 2007, has long been a struggle for AOL to monetize. AOL acquired Patch for a reported $7 million when Armstrong became CEO in 2009,and the company has since invested millions more into the venture, hoping that a hyper-local focus will help AOL regain consumer interest. AOL (AOL) had already reduced Patch-related costs by 25% this year. To top of page
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
BoG Governor targets single-digit interest rates to boost businesses
14 minutes -
BAWA-ROCK Ltd honoured for sustainable gold trading at Africa Development Conference
23 minutes -
Fire guts Unique Floral shop at Tse Addo
53 minutes -
GPL 2025/26: Kotey strike hands Gold Stars crucial away win at Hohoe
56 minutes -
Dormaahene urges Mahama to pursue accountability over National Cathedral project
1 hour -
GPL 2025/26: Mamah strike powers Samartex past Heart of Lions
1 hour -
Mahama directs release of GH¢1bn to contractors owed since 2017
1 hour -
GPL 2025/26: Aduana hold Hearts in Dormaa
1 hour -
Sekyi-Brown Reginald: Transforming infrastructure into preventive healthcare
1 hour -
Two arrested for unlawful possession of firearm, ammunition
2 hours -
GPL 2025/26: Karela United edge Vision FC in Tamale
2 hours -
Return home to support 24-hour economy agenda – Ambassador Smith urges students abroad
3 hours -
Minute’s silence held to remember Bondi Beach attack victims
3 hours -
Lands Minister commissions 3rd batch of 636 Blue Water Guards; pledges sustained fight against galamsey
3 hours -
Manso Nyankomase miners allege military extortion and harassment during reclamation exercise
3 hours
