I know it must be nice to be handed $500,000. to just sit home right. Well if your Tom Anderson from myspace then you are that person that can sit home and just collect a check. I mean he does work hard after all he is the first friend that everyone gets, kinda the social ambassador. It kinda makes it hard to fire him.

The Silicon Valley Insider reported:

A single source close to Tom tells us that in the wake of Chris DeWolfe's departure, Tom signed a new, two-year-deal worth $500,000 per year. As a part of the deal, Owen and new News Corp digital media boss Jon Miller asked Tom to stop coming to the office.

Multiple sources confirm that Tom -- famous for being every user's first friend when they join the service -- has been asked to take on an ambassador's role. That won't be his official title, but "he'll have little decision or involvement with the product," says a source.

Just recently myspace had to cut their US staff by 30% and their international staff by 2/3's.