Patch.com hired 450 journalists this summer
Thursday, September 2nd, 2010This from the Business Insider:
AOL made 900 hires over the summer with 50% of the new people going to local blogs network Patch, CEO Tim Armstrong just told employees in a company wide meeting.
Figure all-in costs for each new employee is $100,000 per year, and AOL is set to spend $45 million per year [...]



