Is There Stability Online?

While most newspapers shuttering blame the internet for their lack of consumers, even top social network sites like MySpace seem to be suffering in this economic climate. Three top MySpace executives are leaving the company, reports CNET. Speculations about this departure&#151which includes COO Amit Kapur&#151indicate trouble within MySpace. Last July the company reduced its staff by 5 percent, but maintained that these layoffs were performance driven and that the company intended on hiring 300 new employees to replace those let go.