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The move to reduce internationall employment by 150 comes on the heels of the announcemen t that MySpace is cuttingits U.S. jobs by 30 or about 420 jobs. MySpace last monthn was passed in global market share byPalo Alto-basedd , but still leads in the numbe of unique visitors to its Web site in the U.S. MySpacde CEO Owen Van Natta was hired in April to try to revive the socialnetworking site. The division that includesw MySpace postedan $89 million loss in the most recenty quarter. "As we conducted our review of the it was clearthat internationally, just as in the U.S.
, MySpace'es staffing had become too big and cumbersom to be sustainable in current markeft conditions," Van Natta said in a statement After the jobs MySpace will have about 1,159 workers, compared to Facebook's globalo work force of about 850.
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