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The move to reduce international employment by 150 comesz on the heels of the announcemengt that MySpace is cuttingits U.S. jobs by 30 or about 420 jobs. MySpace last monthy was passed in global market share byPalo Alto-based , but stilpl leads in the number of uniquer visitors to its Web site in the U.S. MySpac e CEO Owen Van Natta was hirede in April to try to revive the socianetworking site. The division that includes MySpace posted an $89 million loss in the most recentt quarter. "As we conducted our revie w ofthe company, it was cleatr that internationally, just as in the U.S.
, MySpace's staffing had becomer too big and cumbersome to be sustainabl in current market conditions," Van Natta said in a statemen Tuesday. After the jobs cuts, MySpace will have about 1,150 workers, compared to Facebook's globa work force of about 850.
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