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Just two days after laying off 480 U.S. employees, with more to come internationally, in an effort to cut costs, MySpace is celebrating today the one year anniversary of the launch of MySpace Karaoke by giving away a trip for 2 to Las Vegas. Well, I guess we know where some of the money saved from the layoffs is going to, since there is no mention any where on the home page announcement or on the Karaoke page about the contest being sponsored by any company. Way to go MySpace.

MySpace Announcement

Many people claiming to be current and, now, former MySpace employees have been posting on TechCrunch alleging that the management teams (mainly VP’s, SVP’s, etc) are the one’s that should be cut for under-performance. Perhaps SVP & GM of MySpace Karaoke, Nimrod Lev (dead serious that that is a real name) should be one of them out the door?