More space at Myspace as staff sent packing


The acquisition of social site Myspace just before it was destined to be steamrolled by Facebook is not going to go down as one of the great acquisitions of Rupert Murdoch. Now, as sale rumors heat up, 150 employees are said to be on the way out the door.

And that’s not all – according to TechCrunch, another 150 employees are going to be put on a transitional plan, under which they will be able to continue working for Myspace on a temporary basis while they seek employment elsewhere.

150 equals about 37.5% of the total workforce at Myspace, so three quarters of the employees there are expected to be in jeopardy. This also comes after the firm came close to cutting its staff in half back in January.