MySpace, the social network owned by Rupert Murdoch's News Corp, said it will cut 30 percent of its staff to lower costs as it struggles to stay popular in the face of rising competition.
Showing posts with label staff cuts. Show all posts
Showing posts with label staff cuts. Show all posts
Tuesday, June 16, 2009
MySpace to lay off 30 percent of staff
MySpace, the social network owned by Rupert Murdoch's News Corp, said it will cut 30 percent of its staff to lower costs as it struggles to stay popular in the face of rising competition.
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