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News > Technology
AOL sets CompuServe cuts
January 30, 1998: 8:33 a.m. ET

New owner may trim 20 percent of customer-support staff, report says
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NEW YORK (CNNfn) - America Online reportedly is considering scaling back the customer-support operations of its soon-to-be acquired CompuServe unit by as much as 20 percent.
     The proposal would affect more than 300 positions at the Columbus, Ohio-based company's work force, the Wall Street Journal reported Friday in its interactive edition.
     America Online, the nation's largest online service provider, announced plans to acquire CompuServe last September in a complex transaction that first put the H&R Block unit into the hands of WorldCom Inc.
     CompuServe shareholders are expected to approve the proposed sale of the company to WorldCom Friday.
     AOL executives have said they intend to run CompuServe as a separate brand but have declined to disclose their strategy.Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.