MySpace to lay off 30 percent of staff

[MuminYazar]

Hi,

This is my first post to the forum, it’s very informative and enjoyable really.

According to Routers, Myspace will cut its staff by 30 percent. As you can guess, Facebook and Twitter are very powerful competitors of myspace. There are many more competitor in online community industry and I wonder which one will become most powerful. Any predictions?

[MarcInJapan]

Well, it shouldn't kill them. I think that site is worth millions and millions of dollars.