He'd only been at MySpace for slightly over a year and in the role of "co-president" for four months. The other co-president, Mike Jones, is sticking around.
Following a report on TechCrunch, MySpace co-president Jason Hirschhorn has confirmed via his personal Twitter account that he's leaving the company after fewer than six months at the helm.
Hirschhorn, an MTV Networks and Sling Media veteran, had been at MySpace for just over a year, having previously served as chief product officer.
"Yes i am moving back to NYC. Concrete jungle where dreams are made of. I believe in MySpace, its leader Jonesy and its wonderful team," Hirschhorn tweeted. He was referring to Mike Jones, who with Hirschhorn took over the co-presidency at News Corp.-owned MySpace in February after CEO Owen Van Natta stepped down. (The other sentence of the tweet is a lyric from the Jay-Z song "Empire State of Mind.")
There's no hint whether Hirschhorn may have a new role at another company lined up, but he's moving back to New York after relocating to the Los Angeles area for the MySpace job.
Jones had served as an AOL executive before joining MySpace as chief operating officer at the same time that MySpace first hired Hirschhorn.
News Corp. Chief Digital Officer Jonathan Miller followed up with a formal, though personal, statement.
"We fully respect Jason's decision to leave and his personal desire to return to New York," the statement read. "As many people know, Jason is like family to me, and as expected, he's done everything we asked of him and more. We're incredibly grateful for the passion and enthusiasm he brought to the company. And as I know Jason agrees, Mike Jones has done an outstanding job leading MySpace into its next evolution and is the right person to take the reins. There are no plans to bring in additional management."
Still, none of this is good news for MySpace, which has been going through one executive shake-up after another for the past few years. Van Natta quit after less than a year at the company, following the departure of co-founder Chris DeWolfe.
Meanwhile, MySpace has entirely lost the race for social-networking domination to Facebook. Attempts to shift its focus to music and pop culture have been ambitious but so far without major success or profits.
MySpace logo
, the parent company of MySpace, announced Friday that Co-President  has decided to leave the  because he wishes to return to his home city of New York. MySpace is headquartered in , California.

MySpace was founded in 2003 by  and  and purchased for $580 million by News Corps. at the height of its popularity in 2005.  In recent years, however, MySpace has been losing out in monthly unique visitors to similar sites such as Facebook, Twitter, and YouTube.  According to , an Internet marketing research company that tracks website traffic, Facebook attracted 519 million unique visitors in April of this year, and MySpace just 111 million visitors.  In response, MySpace has been recently shifting its focus towards music, games, and videos, and plans to continue doing the same in the near future.

Meanwhile, another failing social network, Bebo, was sold for less than $10 million by AOL to hedge fund firm  this week. AOL acquired Bebo for $850 million in 2008. MySpace's reduced traffic and the departure of another executive have led industry insiders to draw comparisons between the two sites.

In April 2009, DeWolfe stepped down as MySpace's Chief Executive Office (CEO). He was replaced by former Facebook Chief Revenue Officer , but Natta held on to that position for just nine months. In February 2010, Hirschhorn was promoted from his position as Chief Product Officer along with Chief Operating Officer  to the position of co-president. The departure of Hurschhorn leaves Jones to continue on as sole president. MySpace have said they do not intend on replacing Hirschhorn.