MySpace to Slash 300 International Jobs

It may be called MySpace, but the company is telling a group of international employees that it's not their space anymore.

The social network site, a unit of News Corp.(NWS Quote), announced plans to cut its international work force by 300. According to a press release, MySpace has an international staff of 450. The plan will reduce that to 150, while closing at least four offices and centralizing international operations in London, Berlin and Sydney.

Meanwhile, offices in Argentina, Brazil, Canada, France, India, Italy, Mexico, Russia, Sweden, and Spain are on the potential chopping block. MySpace China and MySpace's joint venture in Japan were left off the list of those offices being axed. ...