MySpace Lays Off Staff

By Anna Johnson on May 11th, 2009

TechCrunch reports that MySpace laid off up to 45 employees last week.

Whether or not the layoffs were planned before the management reshuffle (i.e. the departure of MySpace founder, Chris DeWolfe, as CEO), or are a result of the new management team led by Owen Van Natta taking over, is not apparent.

Source: Jason Kincaid, “Layoffs Hit MySpace,” TechCrunch, May 9, 2009

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