Posts Tagged ‘layoffs’

Facebook, Twitter, Four Square, Get Glue, am I missing anybody?  Well, maybe if anyone is actually using MySpace, and reports really are asking the anybody question.  With traffic getting smaller and smaller, it may seem that the end of MySpace may be coming sooner than expected.  Reports from NetworkEffect blog, MySpace may be forced to lay off up to half of its staff within the next few weeks, great way to start the New Year.  Some of its staff was given the entire week off to help cut cost and possibly being prepared for the gravest of news, you’re services are no longer required.  With an estimated over 1,100 employees employed by MySpace, this could be the end that many have speculated this past year.  So, why has MySpace gone from first to worst in the social networking world? Read more: Myspace: Layoffs May be Imminent??