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More MySpace cuts as overseas staff go

300 face sack outside of US

MySpace is to slash its staff abroad and shut several international offices, an announcement which comes a week after announcing a big round of layoffs in the US.

MySpace will cut its staff outside of the US from 450 to about 150 employees and close at least four offices abroad because its headcount has become "too big and cumbersome" for "current market conditions", the social-networking pioneer said.

MySpace will focus its international operations in London, Berlin and Sydney. The cutbacks will not affect its locally-owned and operated company in China nor its joint venture in Japan.

Under review for the chopping block are offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Sweden and Spain.

The international restructuring is intended to "transform and refine" MySpace's operations abroad, not dismantle them, since about half of MySpace's users are located outside of the US, the News Corp unit said.

Last week, MySpace announced plans to cut its US staff by almost 30 percent to 1,000 employees because it had got "bloated", which prevented the organisation from operating efficiently.


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