layoffs

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Showing Losses, Salesforce Pink-Slips 100 Employees

salesforce, cloud, enterprise, radian6, buddy media

After filing financial statements for Buddy Media that showed a $20.5 million loss last quarter, Salesforce today laid off about 100 employees at its other acquired social analytics arm, Radian6. “With the integration of Radian6 and Buddy Media, the Salesforce Marketing Cloud is re-balancing its resources to support its growth. Fewer than 100 people were impacted globally,” a spokesperson said.

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Zynga and the Terrible, Horrible, No Good, Very Bad Day

zynga, social gaming, social networks,

As Apple commanded the tech world’s attention earlier today, Zynga broke some bad news to its employees: Hundreds of them were being laid off, and The Ville was being sent out to pasture, as sister blog Inside Social Games reported. The company later confirmed the layoffs, releasing a letter that CEO Mark Pincus had sent out to staff.

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Cryspace: Myspace Confirms Speculation of Some 500 Layoffs

Myspace’s October launch of a redesigned Web site and shifting of its focus to entertainment apparently wasn’t entertaining enough in the handful of weeks since it went live, as the News Corp.-owned social-networking site confirmed speculation that it would lay off 500 employees, or roughly one-half of its staff.

While News Corp. claims that it the moves were made “in order to provide the company with a clear path for sustained growth and profitability,” they could also be interpreted as making Myspace leaner in hopes of a potential sale.

The statement from CEO Mike Jones:

Today Myspace is implementing a significant organizational restructuring that will result in a 47 percent staff reduction across all divisions globally and impact about 500 employees. With our recent relaunch as an entertainment destination for Gen Y, we introduced a much tighter focus, a significantly streamlined product, and an updated technology platform.

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