AOL Recession 2010 in German and French

On Tuesday, US internet company AOL announced that it intends toclose its German and French offices as a part of worldwide round of jobcuts.

AOL began meetings at its European offices on Monday, when itannounced plans to shut down installations starting in Spain andSweden.

"A plan to close offices in France was presented to staff on Monday,"

No timetable was presented and AOL will first consult with staffrepresentatives as required under French law.

In Germany, AOL will close its offices in Hamburg, Duesseldorf,Frankfurt and Munich, cutting 140 jobs, another spokesman said.

AOL, which employed 19,000 people in 2006, will have 4,400 employeesafter the restructuring plan is completed.

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