Major Layoffs Coming To MySpace. Could Hit 25% - hypebot

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Sally Parker

Eh...my mom is on Facebook, re-connecting with her old college friends. It's icky.

I'm sticking with MySpace to find new music.

Sally

Antihate

Myspace is better for finding new music. But I think people are tired of the freak show, ie disgustingly designed profile pages, fake profiles, pedophiles, bots, etc. Facebook is playing with fire allowing vampire bites, pirate hugs, and weird profile add-ons like that. But I think Facebook is relatively cleaner than Myspace. If only there were a filter to keep people from ever loading shitty music, Myspace would be easier to find new music. But I quit finding music on myspace. I find new stuff on blogs and stuff.

B Szlachta

"Believe it or not, a lot of us are routing for you."

And I'm routing for *you*, Bruce. I'm a Cisco small-office 800-series with 3G.

NURREDIN

Facebook is 300 million people doing a whole lot of nothing. If Zuckerberg hadn't suckered the Russians out of $200 million to keep going,he'd be laying off too. There's no way to monetize these social websites because people aren't on them to buy anything. They're there to socialize with their friends. I doubt if the advertisers are realizing any ROI (return on investment) and are pulling back. Face book is just trying to build up numbers so they can dump this on someone else for a profit,just like the guys at Myspace did with Rupert Murdoch, but the big money boys have seen Rupert is losing money,and I doubt if Facebook is going to find a buyer.If Facebook is such a good investment,why didn't Bill Gates put any more money into it? Myspace is still king for new music,movies, and comedy. I just don't know how long they can last if they don't start charging bands for their pages.

Chad Brooks

Waaay too tough to get laid through Facebook...

I'm still having a great time bagging chicks through MySpace.

Too many friends of my parents and college professors on Facebook...

bob

MySpace made it veryhard to find new music in their re-design. You used to be able to sort by style of music but now you have to go through "charts". you used to be able to search by influences. Nope.

Bhavisha

Yes agreed!
Its really hard to monotize the social network websites. If u throw ads in there to make money ppl dont like it and run away. So its a trade off between the good user experience and making money. In case of facebook there is not parent company sitting on top of it that wants it to remain profitable every year. In case of MySpace we have News Corp which is trying squeeze as much of profit as it can from MySpace -FIM. Currently MySpace is breaking even but seems like Murdoch does not like that!!!
Hence Layoffs!!!!!!

Vishlysr

There's more to come and it's not looking good. Aren't we all all scared about the jobs. By the way, there is a survey that can help you do get to know if your job is in danger or not at http://www.angstcorner.com

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