Us-myspace-layoffs

MySpace to cut 30 pct of jobs to boost efficiency
LOS ANGELES - MySpace said Tuesday it is cutting nearly 30 percent of its work force in a bid to become more efficient, bringing its staffing level more in line with its more popular rival, Facebook.

LOS ANGELES - MySpace is cutting nearly 30 percent of its work force in a move the News Corp.-owned online hangout says will make it more efficient.
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