Tag: "MySpace"

Myspace Looking at Staff Layoffs

Myspace Looking at Staff Layoffs

According to a report in the Wall Street Journal, Myspace is preparing to unveil a major round of layoffs as soon as this month in its latest restructuring process.

MySpace Undergoes a Fresh Revamp Attempt

MySpace Undergoes a Fresh Revamp Attempt

Once the social giant, MySpace has lost it to the likes of Facebook and Twitter. With decline of about 20% in the traffic and a loss of $100 million a year, the story definitely looks dismal for MySpace. News Corp. paid close to $600 million to acquire MySpace in 2005. MySpace underwent a fresh revamp [...]