Social network MySpace intends to reduce the staff of international offices to 150 people, writes The Wall Street Journal. This means that there will be laid off two-thirds of workers in foreign countries.
How to write newspaper offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Spain and Sweden could be restructured. At the same time, the Russian blogger June 23, wrote that on 30 June MySpace Russia cease its activities. What kind of representation will be closed yet, unknown.
Control over foreign subsidiaries will have three offices, which will be located, respectively, in London, Berlin and Sydney. The office in China, managed separately, as well as a joint venture in Japan, layoffs and restructuring are not affected.
In mid-June, the social network audience of more than 100 million people, has announced that 30 per cent reduction in staff, which corresponds to the dismissal of approximately 420 people. In the past quarter of a unit News Corp., Includes MySpace, reported the loss of 89 million dollars.
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