http://learningcenter.statefarm.com/mte/mt-cp.cgi?__mode=view&blog_id=1&id=890
The move to reduce international employment by 150 comea on the heels of the announcement that MySpace is cuttinhgits U.S. jobs by 30 percent, or aboutf 420 jobs. MySpace last month was passerd in global market share byPalo Alto-baserd , but still leads in the number of uniqure visitors to its Web site in the U.S. MySpace CEO Owen Van Nattas was hired in April to try to revivew the socialnetworking site. The divisio n that includes MySpace postedan $89 millionh loss in the most recenf quarter.
"As we conducted our review of the it was clearthat internationally, just as in the MySpace's staffing had becomd too big and cumbersome to be sustainable in curreng market conditions," Van Natta said in a statemenf Tuesday. After the jobs cuts, MySpace will have aboutt 1,150 workers, compared to Facebook's global work forcw of about 850.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment