VIEW EVENT INFORMATION: Myspace
MySpace Isn't Done Yet: Big International Layoffs Come Next
JUN
17
Status: Available Now!
Type: News
Date: Wednesday 17 June 2009, 12:10 PM
Media: Techcrunch

SOURCE
About the organization Myspace:
Type: Business
Sub-Types: Website, Social Networking Agent, Audio Hosting Agent, Video Hosting Agent, Text Hosting Agent, Picture Hosting Agent
Notable Organizations: Myspace, Techcrunch
MySpace announced 30% layoffs today and showed more than 400 employees the door. Near the end of the day the company stopped doing terminations individually, say employees, and called 10 or more of them to a conference room at a time for a quick firing. One good thing – every employee got at least 60 days pay. It wasn’t generosity, though. The WARN Act in California requires 60…
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