MySpace is cutting up to two-thirds of its overseas staff, according to a letter from chief executive Owen Van Natta to employees, the TechCrunch blog reported on June 23.

In the letter, Van Natta – a former Facebook executive – said MySpace grew its European operations too rapidly and will now focus on "regional business partnerships and integration in a smaller number of territories, while retaining a robust international presence."

Earlier this month, MySpace embarked on plans to cut 30% of US staff.