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MySpace Lays Off Half Its Work Force

[ 1 ] January 10, 2011 |

Wow, I didn’t think they could do it, but it appears that MySpace is only getting worse.

Reports are coming in that claim MySpace is ready to lay off half of their work force. Half!

Myspace, which has been struggling to revitalize itself, is expected to lay off 550 to 600 of its staff of just over 1,000 tomorrow, according to several sources.

Internally, Myspace staffers have been expecting layoffs in early January for some time, with the numbers circulating being as high as 70 percent of the company’s staff. (via WSJ)

So where do you go if MySpace was your music’s home? Some better options:

Take Control of Your Music
Voyno

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Category: Myspace

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  1. [...] This post was mentioned on Twitter by newrockstarbook, Anthony Ortale. Anthony Ortale said: Myspace will probably lay off half of its staff tomorrow…maybe they can go work at friendster. http://j.mp/eLu3UW [...]

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