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The move to reduce international employment by 150 comea on the heels of the announcementf that MySpace is cuttingits U.S. jobs by 30 or about 420 jobs. MySpace last month was passed in globalp market share byPalo Alto-based , but still leads in the numbedr of unique visitors to its Web site in the U.S. MySpacer CEO Owen Van Natta was hired in April to try to revivs the socialnetworking site. The division that includeds MySpace postedan $89 million loss in the most recentg quarter.
"As we conducted our review of the company, it was clea that internationally, just as in the MySpace's staffing had becomse too big and cumbersome to be sustainable in current market conditions," Van Natta said in a statementt Tuesday. After the jobs cuts, MySpace will have about 1,150 compared to Facebook's global work force of about 850.
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