Layoffs Hit MySpace

TECH CRUNCH -- May 9 -- MySpace has let go of as many as 45 employees in the last week. MySpace has refused to comment on the matter, so it isn’t clear if this was the result of a canceled project, general layoffs, or performance-based cuts. A source says that early signs indicate that the open positions will not be filled by other employees. FULL ARTICLE @ TECH CRUNCH

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