AOL Recession 2010 in German and French

On Tuesday, US internet company AOL announced that it intends to close its German and French offices as a part of worldwide round of job cuts.

AOL began meetings at its European offices on Monday, when it announced plans to shut down installations starting in Spain and Sweden.

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

No timetable was presented and AOL will first consult with staff representatives 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 employees after the restructuring plan is completed.