The good news for MySpace cofounder Tom Anderson: He reportedly survived the bloodletting at the social-networking site, despite reports to the contrary. The bad news: According to Silicon Alley Insider, he inked a new, two-year-deal worth $500,000 per year, representing a serious pay cut from his previous $15 million, two-year extension, and was asked to avoid the office by News Corp digital-media boss Jon Miller.

Former MySpace CEO and cofounder Chris DeWolfe lost his job this past spring, being replaced by former Facebook chief operating officer Owen Van Natta.