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AOL Said to Fire 150 as It Automates Advertising Sales

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AOL Inc. is firing about 150 employees and folding two sites into the tech website Engadget as it simplifies its portfolio and automates digital advertising sales, according to a person familiar with the company’s plans.

Most of the job cuts this week come from AOL’s sales division, said the person, who asked not to be named because the information hasn’t been made public. The New York-based company has about 5,000 employees worldwide.