BackstoryMySpace Halfway in the GravedeathwatchYahoo's Animated Corpse Has a New CEO, And He's a Huge NerdNetflix Is In Free FallMySpace Forced To Cancel Justin Timberlake PartyYahoo's CEO: 'I've Just Been Fired Over the Phone'MySpace Is Going to Rehab to Die deathwatch Myspace Layoffs News Corporation Valleywag Social Networks Tweetg Tweetv Ryan Tate 1/10/11 1:46pm 1/10/11 1:46pm g 2,915L 40Edit MySpace Layoffs Imminent Ryan Tate PFollowOUnfollow 1/10/11 1:46pm 1/10/11 1:46pm g 2,915L 40EditThe big MySpace layoffs are reportedly happening tomorrow and 550+ employees may be affected. That's like half their users! 1 jFacebook iTwitter kTumblrLDiscuss