-By Mike Shields

AOL laid off roughly 100 employees on Tuesday (Nov. 10), confirmed a company spokesperson. But the layoffs are not part of a much larger restructuring that the embattled Web company is planning for either later this year or early next year, according to sources.

Tuesday’s layoffs were scattered throughout different areas of the company and were not necessarily tied to any one particular business segment. The reduction in staff comes about a week after parent company Time Warner’s latest earnings calls, during which it was revealed AOL’s ad sales revenue dropped by 18 percent during the third quarter.

But that timing may be coincidental, as AOL is said to be mulling a much larger restructuring that could result in far more layoffs. Currently the company employs close to 7,000 people.

According to sources with knowledge of the situation, AOL chairman and CEO Tim Armstrong has warned employees about the possibility of significant changes when discussing the upcoming restructuring—details of which are expected to be released over the next few weeks.

Armstrong is said to be considering a round of voluntary layoffs as the company looks to bring its current cost structure in line with revenue.