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, w...

Rumors concerning the possibility of drastic layoffs at MySpace first surfaced on New Year's Eve, and it seems that the start of 2011 hasn't improved the situation.  A new...

Shareholders may grumble, but there's perhaps a bit of good news regarding the four percent of Yahoo's employees who were laid off last week.  Yahoo's calculated the pre-ta...

At a time when people should be decorating their offices in a festive manner, it seems that a large number of Yahoo employees will instead have to carry away their belongings in...