After just 4 months as co-president, Hirschhorn leaving MySpace, Jones to take over

By AP
Thursday, June 17, 2010

Co-president Hirschhorn to leave MySpace

LOS ANGELES — After just four months on the job, co-president Jason Hirschhorn is leaving the struggling social networking site, MySpace. The other co-president, Mike Jones, will now lead the company.

Hirschhorn confirmed his departure on Twitter.

MySpace contributed to growing segment losses at parent News Corp. last quarter. Over the last year, it cut nearly a third of its workers, shrinking to about 1,000 employees in the U.S.

MySpace had about 69 million visitors in April, down 3 percent from about 71 million a year earlier, according to comScore.

Last month, News Corp. CEO Rupert Murdoch touted the site’s new management and said he hoped the introduction of new features would help attract more visitors.

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