Difficult times at MySpace
MySpace, the social networking site owned by News Corporation, the media conglomerate controlled by Mr. Murdoch, said it was laying off roughly 400 employees, or nearly 30 percent of its staff. After the layoffs, MySpace will have about 1,000 workers.
The company said the layoffs were an attempt to return to a “start-up culture.”
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.