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G&B: Apologies to Sting

It's been a blast, folks. The Worlds Most Popular Podcast is signing off. Truth to be told, there's not enough hours in the day for ...

Wednesday, June 17, 2009

myspace laying off 30 percent of employees

From EW

Social networking behemoth MySpace announced today that it's laying off around 30 percent of its employees, reducing its domestic roster to 1,000. In the face of declining pageviews and increased competition, the company is returning to a "start-up culture," according to a press release.