On Aug. 9, TechCrunch reports that Patch.com will be closing 400 sites in its hyperlocal network, laying off hundred of employees.

Currently Patch.com operates approximately 925 sites spread across 23 states. This move will axe just under half (43%) of the Patch sites.

Specific layoffs will be announced next week. Some of the affected sites will be "merged with outside sites."

Relying on unnamed inside sources, TechCrunch (which, like Patch, is an AOL property) reported on the phone conference where AOL CEO Tim Armstrong announced the restructuring to Patch staff.

"The stakes at Patch are high because AOL has promised it will see positive revenue by the end of the year, which is a tall order given its most recent earnings results," wrote Darrell Etherington for TechCrunch. "These cuts and shifts in strategy are drastic measures, but that's exactly what's required if Armstrong wants to make good on a promise of Patch profitability by year’s end. Ultimately, our source says the lesson to learn is that 'news works,' and that a strategy that refocuses on those editors who cover their towns well and leaving them intact is probably Patch's best chance at still existing in some form a year from now."

This move may reduce competitive pressures on some independent community news sites -- and it may lead some former Patch editors who are dedicated to covering their communities to undertake their own entrepreneurial ventures. Organizations such as Local Independent Online News might be able to offer former Patch staffers guidance and resources to get started on this path.

UPDATE AUG. 16: Jim Romenesko tweeted that 400 of Patch.com's 1000 workers will be laid off. More from TechCrunch.