MySpace cuts two thirds of jobs
The online network MySpace plans to drastically reduce its workforce outside the United States. Two-thirds of its current 450 positions are set to be eliminated.
The online network MySpace wants to radically reduce its workforce outside the USA. The subsidiary of Rupert Murdoch's media group News Corporation has announced that two thirds of the current 450 jobs are to be cut. In future, MySpace intends to concentrate on its locations in Berlin, London and Sydney. The offices in ten other countries will be "reviewed". Opening as many offices as possible around the world had led to "inefficiencies".
