AOL CEO Reverses Controversial Benefits Decision, Wife of Staffer Steps Forward

A company’s inner-office policies can be a sensitive topic, particularly when that office is AOL, one of the most high-profile media brands on the Internet, and especially when the topic is employee benefits

That’s why when AOL CEO Tim Armstrong was reportedly heard during a recent conference call linking a change to the company’s 401(k) benefits package to the birth of two “distressed babies,” which he claimed cost the company $1 million each, the public’s reaction was, shall we say, less than favorable

In a transcript detailing the offending comment, published by Re/Code on Feb. 6, Armstrong said: Read more...