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Job cuts at MySpace

Just weeks after the social networking site ousted its chief executive Chris DeWolfe and set up a new executive team, it has reportedly dropped 45 employees in the past week. ย  According to TechCrunch, which regularly blogs on breaking tech news, the company has laid off a number of people with no official comment. ย  […]

Just weeks after the social networking site ousted its chief executive Chris DeWolfe and set up a new executive team, it has reportedly dropped 45 employees in the past week.

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According to TechCrunch, which regularly blogs on breaking tech news, the company has laid off a number of people with no official comment.

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The blog has reported that the positions will not be filled by new employees. Last year it was confirmed that the site dropped less than 5% of its workforce and the cuts were “performance based”.

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The rumoured cuts may have come as part of an executive shake-up, which has Owen Van Natta as the site’s new chief executive. More staff restructures may take place as the site attempts to regain lost ground from rival Facebook.

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