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
-
Ga Mantse, Olu of Warri strengthen cultural ties, renew call for African unity
12 minutes -
Prof. Michael Kpessa-Whyte: The ambivalence of civil society in an era of good governance
17 minutes -
Ghana–Sierra Leone Commission signals new chapter in ties – Ablakwa
23 minutes -
Canada’s US booze boycott could be resolved if Trump addresses tariffs, Carney says
24 minutes -
GEA empowers 150 young women in Walewale with start-up kits under HAPPY project
29 minutes -
2.6m Ghanaians still food insecure despite strong national consumption levels
32 minutes -
Kantanka supports Interior Ministry with motorbikes and TV sets to boost operations
36 minutes -
We’ll support fintech innovation, but regulation will not be compromised – BoG Governor Asiama
40 minutes -
Germany reaffirms security and development partnership with Ghana
46 minutes -
Mahama reaffirms support for Immigration modernisation, lauds ‘Secure Our Border’ drive
49 minutes -
Sam George meets Chinese envoy to deepen tech cooperation
53 minutes -
Being arrogant is good – Burna Boy’s mom defends son amid backlash
53 minutes -
Mahama promises relief for commuters as Kasoa–Winneba road works progress
56 minutes -
Jamaica started Afrobeats – Fat Joe claims
58 minutes -
GHA urged to ensure fair access to Tourism Fund as new executives take office
60 minutes