The move comes as the former internet giant prepares for a sale to an Italian company.
Former internet giant AOL will lay off 108 employees at its Reston office, with most of the cuts coming by March 1, reports the Washington Business Journal.
The internet pioneer is being acquired by Bending Spoons, an Italian media and technology company. AOL has been sold multiple times and has been owned by private equity company Apollo Global Management since 2021…