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AOL Opens Software Site In India Soon After Axing Some U.S. Jobs.(INTERNET & TECHNOLOGY)

Investor's Business Daily

| April 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: FROM THE ASSOCIATED PRESS

U.S. Internet giant America Online, plagued by subscriber losses and American job cuts, is stepping into the software development market where many big companies come to save money: India.

AOL, based in Dulles, Va., has set up a software development center in the southern Indian metropolis of Bangalore, hiring about a dozen people for now, a company spokesman said Wednesday. Many other positions have been advertised in local newspapers.

"Our development center will work in close coordination with our global offices in the U.S. and other locations on a variety of different product initiatives," the company said in a reply to questions from The Associated Press. No name was given for the spokesman replying to the questions.

The world's leading Internet company, ...

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