MySpace eyes major staff cuts
MySpace eyes major staff cuts
by NewsOnline Tue Jan 04, 2011 3:52 am
MySpace eyes major staff cuts
Tue Jan 4, 2011 2:24am EST
NEW YORK (Hollywood Reporter) - MySpace is preparing to unveil a major round of layoffs as early as this month in its latest restructuring step, the Wall Street Journal reported Monday.
The social-networking site has roughly 1,100 employees, but the report didn't detail the amount of likely job cuts. Both MySpace and the Wall Street Journal are owned by Rupert Murdoch's News Corp.
CNBC reporter Julia Boorstin said the network is eyeing cuts of around 50% of its workforce. A MySpace spokeswoman wouldn't comment.
<a href="http://www.dreamstime.com/social-networking-media-stickers-rimage15378506-resi349473"><img src="http://thumbs.dreamstime.com/thumbimg_526/12805669738lgrzL.jpg" alt="Social Networking Media Stickers" border="0"></a><br><strong>© Photographer: Fzafar | Agency: Dreamstime.com</strong>
Tue Jan 4, 2011 2:24am EST
NEW YORK (Hollywood Reporter) - MySpace is preparing to unveil a major round of layoffs as early as this month in its latest restructuring step, the Wall Street Journal reported Monday.
The social-networking site has roughly 1,100 employees, but the report didn't detail the amount of likely job cuts. Both MySpace and the Wall Street Journal are owned by Rupert Murdoch's News Corp.
CNBC reporter Julia Boorstin said the network is eyeing cuts of around 50% of its workforce. A MySpace spokeswoman wouldn't comment.
<a href="http://www.dreamstime.com/social-networking-media-stickers-rimage15378506-resi349473"><img src="http://thumbs.dreamstime.com/thumbimg_526/12805669738lgrzL.jpg" alt="Social Networking Media Stickers" border="0"></a><br><strong>© Photographer: Fzafar | Agency: Dreamstime.com</strong>
--------------------------------------------------------------------------------
| Seoflex Forum |
NewsOnline- Posts : 853
Points : 7336
Reputation : 0
Join date : 2010-08-12 -
Similar topics» MySpace lays off nearly half its staff
» What Do you do when someone cuts in line?
» Groupon eyes IPO by end of 2011
» Sony cuts PSPgo handheld prices in U.S. and Japan
» Google to daub in social network touches, eyes buys
» What Do you do when someone cuts in line?
» Groupon eyes IPO by end of 2011
» Sony cuts PSPgo handheld prices in U.S. and Japan
» Google to daub in social network touches, eyes buys
Permissions in this forum:
You cannot reply to topics in this forum|
|
|
