With a thousand nervous staffers and executives on the line, AOL's CEO Tim Armstrong announced a bloody swath of new layoffs via conference call. He also, a sort of Shakespearean firing-within-a-firing, axed a creative director on the spot for allegedly taking a picture. Here's the audio.

The recording comes courtesy of Jim Romenesko. Head to around the 1:50 mark below.

Armstrong tells the man he's fired like you'd tell someone their fly is unzipped.

Photo: Kevork Djansezian/Getty