MySpace slashes 47% of its staff

By Emil
Jan 11, 2011
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  1. Just like the rumors said would happen, MySpace has announced massive layoffs again. Parent company News Corp is exploring all options for the website, including a sale, and a restructuring could make it look more appealing. The social networking company has cut 47 percent of its staff, which is nearly 500 employees, according to PaidContent.

    Read the whole story
  2. lawfer

    lawfer TechSpot Paladin Posts: 1,272   +90

    Can't say I didn't see this one coming...
  3. Benny26

    Benny26 TechSpot Paladin Posts: 1,568   +47

    Never liked Myspace...This isn't surprising.
  4. TomSEA

    TomSEA TechSpot Chancellor Posts: 2,235   +315

    OK, this gets my vote as least surprising news announcement of 2011 so far. ;-)
  5. yukka

    yukka TechSpot Paladin Posts: 669   +23

  6. KG363

    KG363 TechSpot Enthusiast Posts: 524   +9

    They should just cut the cord
  7. Burty117

    Burty117 TechSpot Chancellor Posts: 2,366   +261

    +1 for that!


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