What’s next for AOL?

During today’s call with analysts, AOL CEO Tim Armstrong laid out some of his plans and priorities for 2015, and he elaborated on those plans in a short TechCrunch interview afterward. This comes after AOL laid off what we heard was about 150 employees, and closed two of its tech sites, Joystiq and TUAW — though they survive, to an extent, as parts of Engadget. Armstrong told analysts that the company will continue to invest in other areas, including the Huffington Post, its women’s sites and tech sites (AOL owns TechCrunch), and its ad platform, where the company is working to create “a sales force and revenue channel structure for the new world of advertising.”In order to pay for those investments, however, Armstrong said the “leaner and faster AOL” had to take resources from “existing lower-priority organizations.”