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MySpace Eliminates 30 Percent of its “Bloated” Staff

by Robin Caldwell

MySpace, a division of Rupert Murdoch’s News Corporation, announced that it has cut 30 percent or approximately 400 people from its payroll in effort to return to a “startup culture.” The layoffs will reduce the number of MySpace employees to around 1000.

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4.05.08 webNews Wrap-up

by Angela

Dell layoff woes.
Kanye launches Travel website?
Universal Music Group + MySpace + Sony BMG Music Entertainment + Warner Music Group = MySpace Music

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