MySpace to shed 420 jobs

Online networking site MySpace is cutting nearly 30% of its workforce to make it more efficient.

MySpace to shed 420 jobs
Tue, 16 Jun, 2009 - 20:21

Online networking site MySpace is cutting nearly 30% of its workforce to make it more efficient.

The cuts amount to about 420 people, bringing the total number of MySpace’s US staff to 1,000.

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