[Reuters] MySpace to cut two-thirds of global workforce

Posted by: UGN Security

[Reuters] MySpace to cut two-thirds of global workforce - 06/23/09 08:55 AM

NEW YORK (Reuters) - MySpace, the social networking website owned by Rupert Murdoch's News Corp, said on Tuesday it plans to cut about two-thirds of its international workforce and close at least four of its offices outside the United States.