AOL Inc Chief Executive Tim Armstrong speaks at the Viva Technology event in Paris, France, June 30, 2016. REUTERS/Benoit Tessier
SAN FRANCISCO: Verizon is focusing on synergies, not job cuts, with its multi-billion-dollar buy of faded Internet star Yahoo, executives said at a TechCrunch Disrupt conference here.
AOL chief Tim Armstrong said that while there were likely to be “job changes” at Yahoo if the US$4.8bil (RM19.77bil) acquisition closes as expected early next year, the deal was about combining strengths in “a bold strategy for the future.”
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