Update: MySpace sources now say Katz may still be at the company, although 2/3 of international staff will be terminated.
More bad news at MySpace. As we await what are likely to be significant cuts in MySpace’s international headcount, MySpace International managing director Travis Katz is out, we’ve heard from a source in the UK. MediaWeek is also reporting this.
Katz joined MySpace in early 2006 as Vice President International, taking a SVP and Managing Director title in October 2006. He is responsible for all non-US operations for MySpace, IGN and other Fox Interactive Media properties. He grew staff from 2 to more than 400 in a span of 2 years.
How many of those 400 international employees will shortly be following? We’ll likely know soon. International employees were spared from the 30% layoffs last week due to legal requirements for notice in some countries, particularly in Europe. But the clock is still ticking on those employees.
I almost interviewed Katz at Davos earlier this year, but he was not available at the time of the interview. Former CEO Chris DeWolfe went solo.