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Myspace hammer comes down

As expected, 500 people get laid off. That's 47% of their work force. I actually was putting this in the show, this little item, and I struggled with whether to say it was a "sad day" at Myspace. I mean, in one sense, yes of course. Things are sliding there, must be a drag, and obviously losing your job sucks. But I wonder if there's a sense or relief a little bit too, especially among those who have skills that could be used at other tech companies.

About the author

John Moe is the host of Marketplace Tech Report, where he provides an insightful overview of the latest tech news.

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