MySpace is seeing a sharp drop off in users as rivals Facebook and Twitter continue to grow.
MySpace, the beleaguered social networking site, is to cut two-thirds of its international staff, putting dozens of British jobs at risk.
The News Corporation-owned website will close offices in at least four countries and reduce its international employees from 450 to 150. The UK is the company's biggest base out side of the US.
It comes just a week after the website cut 420 jobs from what Owen Van Natta, the MySpace chief executive, described as its 'bloated' US operation.
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Mr Van Natta said: "MySpace's staffing had become too big and cumbersome to be sustainable in current market conditions. Today's proposed changes are designed to transform and refine our international growth strategy."
"With roughly half of MySpace's total user base coming from outside the US maintaining productive and efficient operations in our international markets is important to users worldwide and our immediate financial strength," he added.
MySpace has put its offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Sweden and Spain "under review for possible restructure".
Its offices in London, Berlin and Sydney will become "primary regional hubs".
Travis Katz, MySpace's international managing director, is understood to be leaving as part of the reorganisation.
The social networking site, bought by Rupert Murdoch's News Corporation for $580m (£354m) in 2005, suffered a 18pc fall in unique users over the year to April 2009 as its members switched to Facebook and Twitter.
MySpace's monthly unique users fell from 8.5m in April 2008 to 7m in April this year. Over the same period Facebook grew by over 63pc to 23.5m unique users. Twitter grew at over 4,000pc to 2.5m.
It comes just a week after the website cut 420 jobs from what Owen Van Natta, the MySpace chief executive, described as its 'bloated' US operation.
Related Articles
MySpace cuts US staff by 30pc
US Open 2009: tee-off times
Employers take action on a global scale
G20: what is it and how does it work?
DeAnne Julius warns recession could last five years
Mr Van Natta said: "MySpace's staffing had become too big and cumbersome to be sustainable in current market conditions. Today's proposed changes are designed to transform and refine our international growth strategy."
"With roughly half of MySpace's total user base coming from outside the US maintaining productive and efficient operations in our international markets is important to users worldwide and our immediate financial strength," he added.
MySpace has put its offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Sweden and Spain "under review for possible restructure".
Its offices in London, Berlin and Sydney will become "primary regional hubs".
Travis Katz, MySpace's international managing director, is understood to be leaving as part of the reorganisation.
The social networking site, bought by Rupert Murdoch's News Corporation for $580m (£354m) in 2005, suffered a 18pc fall in unique users over the year to April 2009 as its members switched to Facebook and Twitter.
MySpace's monthly unique users fell from 8.5m in April 2008 to 7m in April this year. Over the same period Facebook grew by over 63pc to 23.5m unique users. Twitter grew at over 4,000pc to 2.5m.
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