GREENWICH, Conn. -- AOL CEO Tim Armstrong of Greenwich is backtracking on statements he made last week about two employees' medical costs and controversial adjustments to a 401(k) system that many AOL employees opposed, according to TIME.com.
Armstrong mentioned "distressed babies" that cost the company "a million dollars each" in health care costs in an interview. He later apologized for the comments and announced that he would reverse the 401(k) decision.
- 1 Former White Plains Officer Left Suicide Note At Harrison Murder Scene
- 2 State Police Warn Bronxville Residents Of Phone Scam
- 3 Beware Of Deep Refreeze, Ice Through Morning In Bronxville
- 4 NTSB Says It Could Take Full Year To Complete Valhalla Crash Investigation
- 5 Funeral Arrangements Announced For Teenage Sisters Murdered In Harrison