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social networking, fox interactive media
(Image from article: "MySpace to cut 30% of workforce")

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MySpace looks to the past for its future

The social networking site plans to return to its roots by pushing entertainment content and jettisoning portal-like features. In a last-ditch effort to revive struggling MySpace, owner News Corp. has adopted a new strategy that it hopes will give the site's millions of users a reason to keep coming back.

 

MySpace to cut 30% of workforce

MySpace to cut 30% of workforce

Social networking site MySpace said Tuesday that it plans to slash nearly 30% of its workforce, leaving it with 1,000 employees.

 

MySpace CEO Departure: The Email To Employees

Here's the email that Jonathan Miller, News Corp.'s CEO Digital Medial, sent to all Fox Interactive employees about the departure of MySpace cofounder and CEO Chris DeWolfe. DeWolfe is gone.

 

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