AOL’s Armstrong Apologizes for Openly Firing Employee at Meeting
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AOL Inc. Chief Executive Officer Tim Armstrong, making a rare public apology, sent a memo to employees saying he was sorry for the way he fired a staff member at a meeting last week.
The CEO had fired Abel Lenz, a creative director for AOL’s Patch local-news business, in front of a room full of employees, as well as a thousand others who were listening in on a conference call on Aug. 9.