Social Networking

MySpace to sack 300 employees worldwide.

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Cost cutting is the reason MySpace are sacking two thirds of their workforce outside of the United States.  

The social networking site will close offices in at least four countries and cut 300 jobs. The move comes a week after the social networking site cut more than 400 jobs in the US or 30% of its American workforce.

Total losses = 300

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Crunchvictims is now live on twitter.

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Hey all, we have signed up to twitter and will be bringing our news and headers to all that might be interested. I am keen to follow similar people covering layoff, recession, bankruptcy, job losses, companies going into administration etc, so if you want to share your information then please follow me and I will definitely follow you.

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