Backlash hits AOL CEO after ‘distressed babies’ remark

Via Jennifer Saba and Lisa Richwine NEW YORK/LOS ANGELES (Reuters) – AOL Inc Chief Govt Tim Armstrong tried to tamp down a backlash after he blamed a pension decrease on costs stemming from two group of workers' "distressed infants," insisting that the Internet supplier used to be as soon as desirous about households. Armstrong's feedback on Thursday throughout an organization city corridor meeting about why it was once once slicing 401(ok) contributions caused a hearth storm on social media, overshadowing certain quarterly effects from AOL. All the way through the assembly, Armstrong singled out two unidentified workforce who had infants with well being issues in 2012 and their impression on AOL well being costs, which he said had also increased due to "Obamacare" well being reforms. "We had two AOL-ers that had distressed babies that have been born that we paid 1,000,000 dollars every to ensure those babies have been OK in general," Armstrong mentioned, in step with the Capital New York, which first mentioned the details.