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Article: MySpace Proposes International Restructuring.
- Article from:
- Journal of India
- Article date:
- July 7, 2009
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MySpace announced its intent to restructure its international operations and refocus personnel around a smaller number of territories, while retaining a robust global consumer presence.
The proposed restructuring plan, which is subject to consultation with international employees in some countries, would apply to all international divisions of the company, reducing MySpace's international staff from 450 employees to approximately 150 employees and closing at least 4 of its offices outside the United States.
Upon completion of the proposed plan, London, Berlin, and Sydney would become the primary regional hubs for MySpace's international operations. Under ...