MySpace to cut 300 intl positions, close offices

(AP) -- Social-networking site MySpace said Tuesday it plans to cut 300 jobs, or two-thirds of its overseas work force, in an effort to rein in costs and focus on countries where it has many users and better business opportunities.

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<p><a href="http://www.physorg.com/news164957846.html">MySpace to cut 300 intl positions, close offices</a></p> <p>(AP) -- Social-networking site MySpace said Tuesday it plans to cut 300 jobs, or two-thirds of its overseas work force, in an effort to rein in costs and focus on countries where it has many users and better business opportunities.</p>