Myspace Could Cut Half Its Workforce In the New Year
Even though it’s the seventh most-trafficked website in the United States, Myspace is in big, big trouble. The Wall Street Journal is reporting the site is gearing up for huge cuts that could result in the downsizing of half its 1,100 person workforce. Since News Corp. owns both Myspace and The Wall Street Journal, we’re just going to go ahead and assume the reporting is accurate.
Myspace already cut 30% of its workforce last summer. But since then, the News Corp.
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