CNN CNN Newsroom February 7, 2014 14:15:00
Controversial comments coming from aol ceo tim armstrong surrounding the reasons why the company decided to cutback on retirement benefits for its employees. on cnbc armstrong placed the blame squarely on obamacare. >> obamacare is an additional $7.1 million competenexpense foa company. we have to decide whether to pass it on to employees or cut other benefits. >> later that same day in a company wide conference call armstrong appeared to shift the blame a bit citing two distressed babies born to aol employees. armstrong said we had two aolers that had distressed babies that we paid a million ...
Source: archive.org