MySpace Lays Off Two Thirds Of Worldwide Staff

News follows last week’s announcement of U.S. cuts.

Last Updated: June 23, 2009 @ 1:46 PM

Following last week’s announcement of its plan to cut 30% of its U.S. workforce, MySpace said Tuesday that it will be cutting its international staff by two thirds to about 150 employees.

The social networking site also plans to close four offices outside the U.S.

MySpace said last week that it had planned to get back to "start-up" mode; it was recently surpassed by Facebook as the site with the most worldwide users.

London, Berlin and Sydney will now be the regional hubs for MySpace’s international offices. Offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Spain and Sweden are under review for possible restructuring. MySpace China and MySpace’s joint venture in Japan will not be affected.

"As we conducted our review of the company, it was clear that internationally, just as in the U.S., MySpace’s staffing had become too big and cumbersome to be sustainable in current market conditions," MySpace Chief Executive Owen Van Natta said Tuesday.

Van Natta was hired in April.