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Stock Market & Financial Investment News

News Breaks
February 7, 2014
05:38 EDTAOLAOL CEO upsets employees with 'distressed babies' comment, WSJ reports
Speaking with employees during an all staff conference call to discuss cutting the company's 401 (k) plan, AOL CEO Tim Armstrong upset employees when he said that care for two staffers' "distressed babies" in 2012 cost the company about $1B each, expenses that helped drive up AOL's overall benefits costs, forcing management to make decisions to change the plan, reports the Wall Street Journal.Reference Link
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