Tim Armstrong which is the CEO of AOL held a Friday conference call, Armstrong is speaking to the 1,000 or so employees of AOL’s local news network, Patch. I guess the company was shrinking Armstrong told Wall Street analysts that Patch would downsize from 900 to 600 websites. That didn’t sit to well with him, but he was still trying to be optimistic and try to see what he can do to get the numbers back up again the call was supposed to be his attempt to rally the troops.
During the first minute or so of the recording, Armstrong says things like: “If you don’t believe what I’m about to say, I’m going to ask you to leave Patch…We have to get Patch into a place where it’s going to be successful.” At exactly two minutes into the recording, Armstrong addresses someone in the room with him. He says, “Abel, put that camera down, now.” Then, without taking a breath, Armstrong says, “Abel, you’re fired. Out.”
First of all I can imagine how he felt…There is a right way and a wrong way to handle things. Abel is the least of Aol’s issues, Everyone gets there comeuppance. What a jerk. You fire me on a conference call it will be one for the history books.