Yes, more good news for the social media giant!
MySpace proposes international restructuring. MySpace says reducing myspace’s international staff from 450 employees toabout 150 employees. More here.
Yes, more good news for the social media giant!
MySpace proposes international restructuring. MySpace says reducing myspace’s international staff from 450 employees toabout 150 employees. More here.
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I’m sure I’ve mentioned my dislike for MySpace once or twice over the years. Well here’s another nail in the coffin… I’d spring for a nail gun for them.
MySpace, once the undisputed leader in social networking and the most popular topic on Mashable, announced it is cutting nearly 30% of its staff today.
The announcement is no surprise: not only has the struggling social network lost its lead to Facebook, but its $300 million/year advertising deal with Google ends next year, with Google unlikely to renew at the same price. The cuts bring MySpace (MySpace) down to 1000 US employees; rival Facebook has 850.
Full story here.
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