RapidShare Fires 75% of its Staff After “Rogue Site” Revamp Bites

RapidShare is fighting through a crisis after a massive downturn in business forced it to fire three-quarters of its workforce, an insider has revealed. After being labeled a "rogue site" by the U.S. Government, in 2011 the file-hosting service reportedly burned through half a million euros lobbying in the United States to save its reputation. The company is now struggling to find a new path after severing ties with millions of former users.
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