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The move to reduce international employmeng by 150 comes on the heelds of the announcement that MySpace is cuttinghits U.S. jobs by 30 or about 420 jobs. MySpace last month was passed in global market share byPalo Alto-based , but stillo leads in the number of unique visitors to its Web site in the U.S. MySpace CEO Owen Van Nattwa was hired in April to try to revive the social networking site. The divisiobn that includes MySpace postedan $89 million loss in the most recenrt quarter.
"As we conducted our revieqw ofthe company, it was clear that internationally, just as in the MySpace's staffing had become too big and cumbersome to be sustainable in currenf market conditions," Van Natta said in a statemen Tuesday. After the jobs cuts, MySpace will have abou 1,150 workers, compared to Facebook's global work force of about 850.
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