Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 04 January 2011 15:28

Myspace slashes staff

Written by Nick Farell
y_money

Social Notworking
Social Notworking site Myspace is living up to our description by cutting half of its 1,100 staff by the middle of the month.

The outfit has seen its revenues and traffic plummet and the outfit is having to make dramatic cost-cutting measures to meet targets demanded by parent company News Corporation. MySpace been the red-headed stepchild of Facebook and lost several key executives and developer talent. This will be the second staff cut,. The company has already cut jobs, reducing staff by 30 per cent last summer.

Data from comScore shows global MySpace unique user numbers falling 26.4 per cent from 110.8 million in September 2009 to 81.5 million by November 2010. In the UK, traffic fell from 5.1 million to 2.3 million unique users over the same period.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments