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January 30, 2014 02:18 am GMT

Report: Most Patch Employees Fired; Leaked Audio Surfaces

Aol

Hundreds of employees have been laid off from Patch, the local journalism outlet previously owned by AOL, according to a report.

Various sources told media journalist Jim Romenesko that between two-thirds and 90% of Patch's employees were let go by private equity firm Hale Global — a majority of the staff. Before today, Patch employed about 600 people.

See also: 10 Must-Follow Breaking News Accounts on Twitter

Romenesko also posted audio to Soundcloud, reportedly a recording of the call notifying employees of their terminations. It features a voice that identifies itself as Leigh Zarelli Lewis, the chief operating officer of Patch, who informs listeners that receiving this message means they have been laid off. Read more...

More about Aol, Patch, and Business

Original Link: http://feeds.mashable.com/~r/Mashable/~3/L2_ojjRS-5o/

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