Layoffs Coming To MySpace

TECH CRUNCH -- June 10 -- MySpace is about to have a major wave of layoffs. One source describes the number of people affected as “massive”, while another source says that the layoffs will likely affect between 300 and 500 employees. Last summer MySpace let go of 5% of its staff, and as many as 45 employees were laid off last month. FULL ARTICLE @ TECH CRUNCH

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