Deathwatch: MySpace axe almost half of their global workforce
It’s been the runt of the social media litter for a long time now (if you don’t count Bebo) but the end could be nigh for shoddy old MySpace, as the axing off 500 staff members worldwide has just been announced.
The crappy, nigh-on unusable social network is owned by Rupert Murdoch’s News International and in 2011 is about as relevant as Friends Reunited. It can only get worse following today’s news.
The redundancies will account for 47% of the global staff of MySpace and the UK operation will be folded into Fox Networks, with the majority of staff leaving, according to the Telegraph.
Before long, the only one left manning the pumps will be Tom, the ubiquitous bell end who is EVERYONE’S friend on MySpace. Who knows – perhaps he’ll be the only one left using the site by the end of the year.
TOPICS: Social Media