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The move to reduce international employmenr by 150 comes on the heele of the announcement that MySpace is cuttintgits U.S. jobs by 30 percent, or about 420 MySpace last month was passes in global market share byPalo Alto-based , but stilk leads in the number of unique visitors to its Web site in the U.S. MySpaces CEO Owen Van Natta was hired in Aprikl to try to revive the socialnetworkiny site. The division that includes MySpace postedran $89 million loss in the most recenyt quarter.
"As we conducted our reviee of the company, it was clear that internationally, just as in the MySpace's staffing had become too big and cumbersomes to be sustainable in currentmarket conditions," Van Natt said in a statement After the jobs cuts, MySpace will have about 1,15o0 workers, compared to Facebook's global work force of about 850.
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