Comments on: 5% Layoffs Rumored At MySpace (Updated – MySpace Clarifies, Says Performance Driven)

By: c amorella

c amorella — Thu, 18 Jun 2009 00:15:23 +0000

It’s because myspace sucks and everyones on twitter and facebook now. Plain and simple

By: MySpace: Massive Layoffs Expected Due to Plummeting Traffic | Genuine Forex Trading

Fri, 12 Jun 2009 04:04:43 +0000

[...] summer MySpace let go of 5% of its staff, and as many as 45 employees were laid off last month. These cuts go far deeper. [...]

By: Massive Layoffs Coming To MySpace – 25% Or More May Be Cut « Tech,marketing and more…

Thu, 11 Jun 2009 21:11:54 +0000

[...] summer MySpace let go of 5% of its staff, and as many as 45 employees were laid off last month. These cuts go far [...]

By: Massive Layoffs Coming To MySpace - 25% Or More May Be Cut | Our World...travelling by the seat of our pants....

Thu, 11 Jun 2009 13:07:37 +0000

[...] summer MySpace let go of 5% of its staff, and as many as 45 employees were laid off last month. These cuts go far deeper. [...]

By: The Far Edge » Blog Archive » Massive Layoffs Coming To MySpace - 25% Or More May Be Cut

Thu, 11 Jun 2009 04:18:10 +0000

[...] summer MySpace let go of 5% of its staff, and as many as 45 employees were laid off last month. These cuts go far deeper. [...]

By: Massive Layoffs Coming To MySpace — 25% Or More May Be Cut

Massive Layoffs Coming To MySpace — 25% Or More May Be Cut — Wed, 10 Jun 2009 22:44:59 +0000

[...] cuts go far deeper than the layoffs contemplated last year. We’ve heard that the company’s legal team is hammering out the paperwork [...]

By: Layoffs Hit MySpace

Layoffs Hit MySpace — Sun, 10 May 2009 00:56:03 +0000

[...] July MySpace was rumored to have laid off as much as 5% of its workforce, though the company later said that the cuts were [...]

By: Layoffs Hit MySpace | CHARGED's Digital Lifestyle at Work or Play

Layoffs Hit MySpace | CHARGED's Digital Lifestyle at Work or Play — Sun, 10 May 2009 00:18:59 +0000

[...] July MySpace was rumored to have laid off as much as 5% of its workforce, though the company later said that the cuts were [...]

By: Richard Vanderhurst

Richard Vanderhurst — Tue, 07 Apr 2009 15:39:49 +0000

Aw that’s bad. I just hope that myspace will be ad free. and I hope myspace will hire a new workers that can think a better way to improve myspace just like facebook

By: Underground

Underground — Fri, 03 Apr 2009 20:05:19 +0000

The real problem is the 5% aren’t really
lowest performers but victims of those
rude, uncapable managers who thinks they
deseve servant-like employees. Though they
are just underdogs who sacrifice the company
and employees for their own enjoyment and status vanity…

By: Underground

Underground — Fri, 03 Apr 2009 19:58:19 +0000

“All of the top-quality people are still
at MySpace”

- How can you be sure all top quality are
there. There are smart people prohibited
to work on tasks so they don’t look like top
quality. The so called top quality people are
just those who are lucky to get tasks from
the self centered managers.

The data warehouse manager at myspace is
well known for doing this to the employees.

Trust me, because this manager has laid off
too many employees underneath that everyone
would wonder why her employees are not
performing well, maybe the captain is not good
at her job so she develop “under performers”…

By: Underground

Underground — Fri, 03 Apr 2009 19:53:19 +0000

“I know first hand some of the people that got canned and they were NOT underperformers”

- Absolutely! The executives thought it is performance driven, but the underdog
managers are doing things underneath very shady.

e.g. a data warehouse manager is notorious for not assigning tasks to employees and tried to fail them this way!

By: Layoff Central Report – July, 2008 | Cube Rules

Layoff Central Report – July, 2008 | Cube Rules — Tue, 10 Mar 2009 02:03:53 +0000

[...] MySpace MySpace’s Chief Operating Officer, about the rumors shortly after writing the post. Kapur confirms that they are letting people go, but clarifies it’s entirely performance driven, not layoffs. He would not state the number of people who will be let go, but said it was “less than 5%” and that it is part of their standard yearly performance reviews. [...]

By: Insider

Insider — Tue, 27 Jan 2009 23:41:58 +0000

“it’s entirely performance driven, not layoffs”

What a blatant lie! I know first hand some of the people that got canned and they were NOT underperformers.

This is a final slap on the face of people who have worked hard for this company and instead of being thanked are being insulted.

By: Fox Interactive Media To Shut Down Flektor And SpringWidgets

Fox Interactive Media To Shut Down Flektor And SpringWidgets — Sat, 10 Jan 2009 22:30:40 +0000

[...] this year MySpace let 5% of employees go (under a new performance plan). More recently they stopped giving employees free [...]

By: Blick 177 auf Stellenabbau 2.0, neue Richtlinien für Werbung in Podcasts, viel Gepimpe, eine Bananaphone und Drogen | Blick über den Tellerrand

Sat, 10 Jan 2009 19:44:23 +0000

[...] PopposkopRingringring Bananaphone Wirbt Guinness mit Sex-Video? Stellenabbau 2.0: Myspace „lässt Personal gehen“ [...]

By: Too Much Layoff for 2008 : Vmalni (BETA)

Too Much Layoff for 2008 : Vmalni (BETA) — Sat, 18 Oct 2008 04:55:38 +0000

[...] lay off too and the COO trying hard to gain good impression from the layoff. Techcrunch got the news October 18, 2008 | Filed Under News | [...]

By: Some Of These Layoffs Aren’t Really Layoffs

Some Of These Layoffs Aren’t Really Layoffs — Sat, 18 Oct 2008 03:21:59 +0000

[...] we heard that MySpace, for example, was laying off 5% of staff in July, the companies COO spent a great deal of time explaining to me that it wasn’t a sign [...]

By: The Trickle Out of Traditional Media into Content Marketing Turns to Flood Starting Now | Open Source Blogging

Thu, 16 Oct 2008 00:51:22 +0000

[...] revenues take a beating at media companies. Layoffs and restructuring abound (even at Gawker and MySpace). Technology and consumer behavior has changed the landscape entirely and a new business model has [...]

By: Another Insider

Another Insider — Wed, 17 Sep 2008 06:12:09 +0000

I love how people who don’t know much about MySpace and online business in general like to pretend they understand how a company like MySpace works.

First of all, MySpace generates millions of dollars in revenue based on advertisers. There are still many advertisers out there that understand that MySpace generates a high volume of traffic. For those of you who ditched marketing 101 or slept-in because you were online all-night, companies pay top-dollar for advertiser space on sites like MySpace.

So uh no, MySpace isn’t hurting for money even if it missed it’s gazillion-dollar unrealistic goal. Trust me, those sales people are making BANK.

And as for those people who were laid-off. All of the top-quality people are still at MySpace. And there are some top-performers who did leave to go on to better opportunities. I would consider them stupid to stay at MySpace considering some people in MySpace (people who work on teams that directly support revenue clients) are not treated well at all and are not paid well AT ALL – even to this day. I expect more to jump ship because of this treatment. Which is sad because these people are very loyal and want to stay.

By: IT News and Information » MySpace grows in New Zealand

IT News and Information » MySpace grows in New Zealand — Tue, 26 Aug 2008 04:55:56 +0000

[...] story was quickly denied by MySpace chief operating officer Amit Kapur, who said the company planned to [...]

By: Anon..

Anon.. — Thu, 31 Jul 2008 21:40:19 +0000

There were more Today yikes!!

By: no duh

no duh — Thu, 31 Jul 2008 19:18:21 +0000

Actually they laid off a ton of people yesterday and had HR escort the people right out. Classy.

By: Joe

Joe — Thu, 31 Jul 2008 00:55:09 +0000

You are ignorant.

By: duh

duh — Wed, 30 Jul 2008 20:48:33 +0000

Has anyone commenting actually read the addendum that there aren’t layoffs happening? Myspace just had annual reviews last month, it’s a good sign that some people are getting bounced.