Start saving up your cash, compadres: Myspace is officially up for grabs.
Myspace's CEO, Mike Jones (not the rapper) has confirmed he's ready to sell the company if the right offer comes along. The news broke in a report published by Bloomberg and follows Web-wide rumors of a sale that have been building all week.
Just a couple of days ago, after all, Myspace announced it was canning nearly half of its staff. The company "restructured" 500 employees out of jobs, shrinking its workforce down by a whopping 47 percent. And that follows a previous bout of shrinkage in '09, when Myspace dropped a thousand people from its payroll -- almost 30 percent of its then-far-larger roster.
More: http://www.pcworld.com/article/216732/
Myspace's CEO, Mike Jones (not the rapper) has confirmed he's ready to sell the company if the right offer comes along. The news broke in a report published by Bloomberg and follows Web-wide rumors of a sale that have been building all week.
Just a couple of days ago, after all, Myspace announced it was canning nearly half of its staff. The company "restructured" 500 employees out of jobs, shrinking its workforce down by a whopping 47 percent. And that follows a previous bout of shrinkage in '09, when Myspace dropped a thousand people from its payroll -- almost 30 percent of its then-far-larger roster.
More: http://www.pcworld.com/article/216732/