For the past couple of years, AOL has been a place where companies go to die. Will Verizon pick up that mantel and continue offering the much needed "Death with Dignity" service for waning tech companies?
Not true at all - HuffPo has grown, Adapt.tv is a big win, 5Min was the foundation for video (they're top 3 now), Weblogs Inc setup content division, etc. I'm sure there are some bad deals done, but they've had a great track record on buying+integrating.
I took a contract at this great place with highly experienced team members which had been acquired by Verizon a year before. I was assured Verizon would not mess with the great thing they had going but slowly, almost all of them got fed up with the changes and left, including our manager.
It was not just our team, almost every week there would be a "bye and thanks for all the fish" email from some higher up.
Just last week was talking to a recruiter who told me of massive layoffs on that place last year.
Thats lil bit worrying case..But unless Verizon wants to kill of Video Ad Management Product "ONE by AOL", this may not happen here. AFAIK Verizon doesn't have anything related on this..
