New York - News Corp.'s (NYSE: NWS) Fox Interactive Media unit has laid off about 100 employees, or 5% of its total staff, The Wall Street Journal reported.

While the cuts reportedly affected FIM properties including Photobucket and MySpace, a spokeswoman for MySpace told The Journal that the company expects to count more employees by the end of its fiscal year that it currently does.

"I can confirm that several of the groups within FIM are eliminating some jobs and repurposing others," a FIM spokesman told The Journal.

"This is part of a larger effort we're making to put FIM in the best possible position to succeed now and, more importantly, to emerge even stronger once the markets recover. It's important to note that we continue to hire in many areas."

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