Sources confirm that the company plans to lay off 50 percent of MySpace’s 1,100 employees in mid-January. But the company’s likely to do many more layoffs than that. Sources close to negotiations of a sale say those layoffs will be insufficient to lure …
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NewsCorp. On Track to Sell MySpace by Mid-Year – CNBC
Posted by myspace - Bing News on January 3rd, 2011
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