Myspace to Let Go of About 150 Employees Wednesday

Techcrunch is reporting that Myspace is going to lay off about 150 employees tomorrow; almost 40 percent of its workforce. And that’s not all. An additional 150 staffers will be placed in transitional status, where they’ll still be able to work for a few weeks with pay before eventually getting fired as well.

That same day, according to Techcrunch’s inside sources, the company is going to sign a deal to sell the website. As we reported earlier this month, the leading candidates to acquire Myspace appear to be an

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