MySpace slashes 47% of its staff

By Emil ยท 6 replies
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.

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  2. lawfer

    lawfer TechSpot Paladin Posts: 1,270   +91

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

    Benny26 TechSpot Paladin Posts: 1,535   +51

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

    TomSEA TechSpot Chancellor Posts: 2,713   +855

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

    yukka TechSpot Paladin Posts: 861   +67

  6. KG363

    KG363 TS Guru Posts: 515   +9

    They should just cut the cord
  7. Burty117

    Burty117 TechSpot Chancellor Posts: 3,144   +911

    +1 for that!

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