Sizeable Layoffs On The Horizon For MySpace

We feel somewhat responsible for this, having abandoned MySpace for Facebook sometime last year. Still, they sold out to Rupert Murdoch. They relocated to Beverly Hills. They put HTML in the hands of hormonal 13-year-olds hopped up on Twilight trailers, for the love of god-

TechCrunch
on the social network’s troubles:

MySpace is about to have a major wave of layoffs, according to multiple sources close to the company. One source describes the number of people affected as “massive”, while another source says that the layoffs will likely affect between 300 and 500 employees.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in