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Major Layoffs At MySpace!

| Filed under: Tech TalkBusiness Blitz

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This is awful to hear, especially at the start of a new year.

Sources are reporting that MySpace, which has been struggling for awhile now to compete with other social networking sites, may have plans to layoff off a significant amount of its staff - half of them, to be exact.

We're hearing that as much as 50 percent of the 1,100 employees at Myspace could be let go. Most of those folks are based in the U.S., but are also some international offices that could get hit.

But even with the layoffs, the company still finds itself in a lot of trouble. Its recent redesign to an "entertainment hub" hasn't faired as well as they would have liked, so now, there is major talk about selling the company all together.

Such a pity. All those poor, hardworking people with no jobs. Shame.

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7 comments to “Major Layoffs At MySpace!”

  1. uyeah says – reply to this


    1

    Why focus on MySpace? Jobs are in the toilet everywhere thanks to Obama, who is doing all he can to destroy the country. He doesn't care about anyone getting a job, only in promoting his marxist agenda. If the US goes down the tubes all the better for his plans. The bigger the crises the more power he will try to grab. No borders, our money flowing to the UN and other countries and banks, it's all good to Obama and his plans for world government.



  2. 2

    You're an idiot.



  3. 3

    Re: uyeah
    You are a moron.
    It is because of people like you this country went going down drain. Obama is just trying to salvage WHAT YOU HAVE DESTROYED. Everybody who voted for Bush should be put in prison.



  4. 4

    Casey Anthony loved MySpace before killing her daughter.

  5. uyeah says – reply to this


    5

    Re: curiousredRe: Marty Williams – Prove it. You've got nothing but moronic insults, nothing to defend to yourselves with. Get your heads out of the sand and stop drinking the Obama kool-aid. Libs don't have brains, just childish insults. Stay in school and figure out what's going on. Everyone who voted for Bush should be put in prison. Your stupidity and ignorance is appalling. You can't stop fixating on Bush because you have no way of defending lame-brain Obama, but Bush has nothing to do with the most incompetent president the world has ever seen. All world leaders laugh at what a buffoon O is.



  6. 6

    WOW JUST A FEW YEARS AGO THEY WERE THE LEADING SOCIAL SITE. NEWCORP REALLY LET IT GO



  7. 7

    Re: uyeah – you're an idiot.