Wednesday, January 12, 2011

Myspace Confirms It Will Fly at Half-Staff | Voices | AllThingsD

It wasn’t so long ago when MySpace was larger than Facebook

As tipped yesterday by NetworkEffect’s Liz Gannes, Myspace announced a restructuring today that includes jettisoning 47 percent of its workforce, about 500 employees. CEO Mike Jones said the site’s tighter focus on being a Gen Y entertainment destination meant a tighter ship with a smaller, nimble crew

Myspace Confirms It Will Fly at Half-Staff | Voices | AllThingsD

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