Friday, February 6, 2009

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MySpace Struggles In Korea, Shuts Down Regional Office

Source: TechCrunch
MySpace will be closing its Korean satellite office by end of the month, we’ve learned, though its Korean portal will continue to operate and will be maintained by staff in the company’s other Asian offices. Sources close to the company say that the layoffs will affect fewer than ten people, but that unlike MySpace’s recent shutdown of its Netherlands office where some employees were offered reassignment, the Korean employees will not be consolidated into other regional offices.

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