Patch fires 300 people in 100 seconds

Patch was recently sold by AOL to another company. They plan to cut most local coverage. 300 people on Wednesday were informed by a conference call that they were fired. An actual tape of the call is here https://soundcloud.com/jim-romenesko/sounds-from-wednesday-morning  This was reported by a reader in the Long Beach Patch, though much other coverage is now available in the business news. See posting http://longbeach.patch.com/groups/opinion/p/how-to-fire-300-people-in-100-seconds