MySpace to cut international jobs
US based social networking company MySpace has announced that they are going to cut around 300 international jobs from their global operations.
The company is aiming to cut costs to stay competitive against the market leaders and emerging rivals.
Facebook has already overtaken MySpace to become the leading social networking service in USA [...]

MySpace might cut jobs to stay competitive
Rumours in the market are stating that social networking giant MySpace is considering a major job cut to stay competitive in the market.
MySpace parent company News Corp has refused to comment on these rumours.
MySpace has been struggling to compete against Facebook which is growing at a phenomenal rate. Twitter [...]

Microsoft: No job cuts planned
Microsoft seems to be one of the few exceptions today. The company has said that they have no plans to cut any jobs.
The US based software giant said that they are in fact planning to add workers in the coming year.
Microsoft’s Craig Mundie said: “Right now we’re still on a plan [...]