MySpace has let go of as many as 45 employees in the last week, this is  confirmed. Main sources which are  close to the company says that the exact figure may be smaller, but that MySpace has definitely laid off a significant number of people. MySpace has refused to say any thing on this matter, so it is  not clear if this was the result of a canceled project, general layoffs, or performance-based cuts. A source says that early signs indicate that the open positions will not be filled by other employees.
The news comes only a few weeks after MySpace suddenly dropped founding CEO Chris DeWolfe and brought on a new executive team led by Owen Van Natta. It’s unclear if the cuts are directly related to decisions made by the new team or if they were already set in motion prior to DeWolfe’s departure.