webpronews.com
MySpace Confirms 47 Percent Staff Reduction
If you happen to know anyone who's employed by MySpace, today's a good day to keep them in your thoughts. MySpace CEO Mike Jones confirmed that heavy layoffs will occur, with 47 percent of the company's employees (or roughly 500 people) due to be affected. While it's hard to imagine that half of MySpace's workforce contributed absolutely nothing, and it's extra suspicious that Jones made his announcement at a time when the Verizon/iPhone hoopla was distracting everyone, the CEO did try to indicate that MySpace is in good shape now.
Name