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
-
Nana Ato Dadzie backs Tribunal Bill, calls for reforms within Ghana Bar Association
3 minutes -
Parents must take active role in SHS placement process – Kumasi Metro Education Director
6 minutes -
Vice President Naana Jane Opoku-Agyemang calls for inclusive, holistic education in Ghana’s basic schools
12 minutes -
The real lesson from the Sedina Tamakloe’s appeal is evidence, not politics
24 minutes -
Sedina acquittal is a setback to corruption fight — former Deputy AG Tuah-Yeboah
24 minutes -
John Darko questions Sedina Tamakoe acquittal, says AG’s appeal will be a test
26 minutes -
Felix Kwakye Ofosu rejects claims government influenced Sedina Tamakloe-Attionu acquittal
28 minutes -
Delegates system ruling may deepen inequality in parliamentary primaries — Ahmed Ibrahim
30 minutes -
USTED Pro Vice-Chancellor says TVET investments are changing perceptions and creating opportunities
31 minutes -
Ghanaian winger Nana-Kofi Donkor set to undergo AIK medical
32 minutes -
Hundreds of migrants enter Spain’s Ceuta enclave as authorities warn of humanitarian crisis
32 minutes -
Young people must improve democracy, not merely inherit it — Ibn Chambas
36 minutes -
Government backs independent commission to determine Article 71 office holders’ salaries
46 minutes -
MobileMoney Fintech LTDrewards top drivers and riders in “Ride with MoMo” Promo
55 minutes -
In Photos: Mfantsipim marks 150th anniversary with second sesquicentennial lecture
60 minutes