5% Layoffs Rumored At MySpace
Posted on July 29, 2008 at 18:00 PM EDT
MySpace has starting laying people off, we’ve heard from a source close to the company. The final tally may be 5% of more of total staff, with engineering, sales and customer service taking the biggest hits. MySpace parent company Fox Interactive Media recently missed their revenue target for the last fiscal year and fired their chief [...]