MySpace has confirmed that it’s reducing its international staff from 450 employees to around 150, and closing at least four of its non-US offices.Following the restructuring, MySpace will run three regional hubs – London, Berlin and Sydney – and is placing all its offices elsewhere “under review for possible restructure”.
Tag: Van Natta
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MySpace Music set for UK launch in September
The Telegraph is reporting that MySpace Music will go international this September with its UK launch, according to its ad agency sources.
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MySpace axes 30% of US staff: more to go globally
MySpace has announced swingeing cuts in its US operations, with nearly 30% of its staff being laid off, taking the company down from 1,420 employees there to around 1,000.
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Project Playlist CFO resigns
More upheaval at streaming music site Project Playlist: its CFO Michael Sheridan has resigned, following former CEO Owen Van Natta out of the door.