Feeds

MySpace cuts 30% of staff

Back-to-basics the hard way

Next gen security for virtualised datacentres

MySpace is cutting nearly 30 per cent of its staff in a back-to-basics effort that puts its numbers more in line with social networking leader Facebook.

The News Corp.-owned social site said layoffs will affect its entire US operations, lowering the total number of staffers to about 1,000 in the country.

MySpace claims the cuts are part of its master plan to become a "more innovative, efficient, and entrepreneurial business." The company's News Corp. overlords recently tossed out its co-founder and chief executive Chris DeWolfe in favor of former Facebook executive Owen Van Natta to helm the transformation.

"Simply put, our staffing levels were bloated and hindered our ability to be an efficient and nimble team-oriented company," said Van Natta in a statement. "I understand that these changes are painful for many. They are also necessary for the long-term health and culture of MySpace. Our intent is to return to an environment of innovation that is centered on our user and our product."

News Corp.'s new digital chief, Jonathan Miller, added that the site "grew too big considering the realities of today's marketplace."

Said realities involve MySpace continuing to lose ground against Facebook, it's more popular social networking rival. According to web traffic-watcher comScore, Facebook surpassed MySpace globally in 2008 and last month eked ahead of MySpace's US numbers for the first time ever.

The Palo Alto, California-based Facebook has about 850 employees.

Obviously, MySpace has a lot of work in store to regain cred in the fickle world of Web 2.0. The crowd follows whoever is the flavor-of-the-day, and once the stench of uncoolness sets in, your name is effectively Mud. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?