'Tis the season to rush up layoffs so they don't fall in the sacrosanct Thanksgiving-to-Christmas period: An AOL insider tells us the company is slated to let go around 100 people tomorrow, following 1,500 firings Electronic Arts announced today.
AOL is expected to complete mass layoffs after its spinoff from Time Warner is complete, supposedly by the end of this year. But it sounds like some cuts are too obvious to wait. One hundred firings is modest for a company of around 6,000 workers; AOL continues to work on "Project Everest" to plan the rest, our tipster said. If you know more, email us.
Meanwhile Electronic Arts is laying off 17 percent of its workforce after the company saw net sales drop 12 percent from the prior year. Which, if you think about the state of the economy, is bizarre: Why aren't you unemployed people out there buying more videogames? Staying home is cheap.