Feeds

Limping MySpace to offload half of workforce

500 jobs to go

Beginner's guide to SSL certificates

MySpace employees are bracing themselves for huge job cuts, which are reportedly expected to be announced at the struggling News Corp-owned website later today.

According to the Financial Times, MySpace has already laid off some of its staff.

A cull of around 500 workers, around half of the company's global workforce, is planned by MySpace in a gasping effort to keep the once-popular social networking site ticking over.

In the meantime, as we've previously reported, it's understood that News Corp bosses are mulling a quick sale of MySpace, which in recent months has tried to recast itself as an entertainment portal.

Outside of the US, MySpace has main offices in the UK, Germany and Australia.

The demise of MySpace as a well-liked social networking hub contrasts with the rise of Facebook, which recently got tagged with a $50bn valuation by brokerage Goldman Sachs, even though the Mark Zuckerberg-run company is yet to go public. ®

Intelligent flash storage arrays

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
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?