If we're honest with ourselves about the social networking world, there are only a few players that we're interested in: Facebook, Twitter, and maybe a few others.Â Myspace is the one we all used to use when it was 'cool,' but then it became a teenager's dream — and the grownups left them to their own devices.
Of course, Facebook began to grow and the teenagers jumped to this network, causing Myspace to be the one password that no one could remember.Â And no one seemed to care.
With slow loading pages and problems with spam viruses, Myspace wasn't as great as it used to be.
Rumors have been spreading for a while about the demise of Myspace, but they introduced a new layout about three months ago and things seemed to be positive, if not productive.Â Then the rumors began to emerge again with the layoff of 500 Myspace employees, as of yesterday.
For whom does the bell toll?Â It may toll for Myspace.
"Today's tough but necessary changes were taken in order to provide the company with a clear path for sustained growth and profitability," said Myspace CEO Mike Jones.
Yes, it's always better to have fewer employees than too many, but there are others who believe that Myspace is starting to admit that it needs to make serious changes in order to survive.
The new layout is supposed to be more interactive and more engaging for users, and the added 3.3 million profiles certainly seem to support this change.Â At the same time, other statistics point out that Myspace traffic has slowly decreased, with few people logging in.
Are you checking out your Myspace profile?Â Do you have one?
But the better question is: Do you need a Myspace account when other social networking sites can do more?