The other axe has fallen at MySpace and taken down 300 positions outside the U.S. MySpace, which cut nearly 30 percent of its staff in the U.S. last week, has now cut 720 jobs across the globe and plans to close at least four international offices, paidContent reports.
Going forward, MySpace plans to run its non-U.S. operations from London, Berlin, and Sydney. Additional offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Sweden, and Spain are now "under review for possible restructure," according to the social networking site. MySpace China and MySpace's joint venture in Japan are said to be unaffected.
"Just as in the U.S., MySpace's staffing had become too big and cumbersome to be sustainable in current market conditions," CEO Owen Van Natta wrote in a news release announcing the latest cuts.