MySpace has extended its war on bloat overseas. This morning the company announced plans to close at least four of its offices outside the U.S. in a bid to reduce costs. Some 300 of the company’s 450 international employees will lose their jobs as a result.
The ax has finally swung at MySpace. This morning the AOL of social networks announced plans to sack 30 percent of its workforce. All told, 420 workers will lose their jobs, reducing the size of the company’s staff to 1,000 employees. CEO Owen Van Natta’s all-hands memo, after the jump.
If there was an over-arching theme for this last week on All Things D, it would have to be musical chairs.
Brand new MySpace CEO Owen Van Natta started things off Monday with his first day on the job. He was joined by new COO and former AOL exec Mike Jones and new chief product officer and former Sling Media exec Jason Hirschhorn.
It was a banner week for earnings calls. Yahoo, Microsoft and Apple all got the liveblogging treatment on All Things D.
First up, BoomTown’s anticipation for pistol-packin’ Carol Bartz’s first earnings appearance paid off when Bartz dropped the F-bomb, live and uncensored.
“So how’s that Facebook deal working out for you?” Web 2.0 Summit conference program chair John Battelle asked Microsoft CEO Steve Ballmer last week. “Are you making money?”
“Rumor has it that we’re not,” Ballmer replied, adding “Mark [Zuckerberg, Facebook CEO] says we’re happy with it, so I guess we’re happy with it.” Or, rather, happy enough. Because Microsoft has beaten Google out for an ownership stake in Facebook.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
Spectacular in the bellowing Russian sailor sense of the word …
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
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