First MySpace, now Photobucket. Fox Interactive continues to lay off more employees | Startup Meme - Technology Startup and Latest Tech News

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Jun 26 2009

First MySpace, now Photobucket. Fox Interactive continues to lay off more employees

Sardar Mohkim Khan 

layoff thumb3 First MySpace, now Photobucket. Fox Interactive continues to lay off more employees

Fox Interactive Media continues to shed weight on its budget as it laid off close to 75 employees across its properties. Gladly enough those weren’t from MySpace, which has seen a lot of that already. However, Photobucket suffered the most as it lost about a third of its 120 employees. We aren’t sure if this is the last of the layoffs we hear as its fiscal year comes to an en on June 30 and hope they don’t make some more cuts just till then.

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