Ax Swings at Viacom
/A number of staffers at MTV the music network that no longer plays music have been pink slipped as Viacom "restructures" some of their networks.
Many of the layoffs are related to Viacom’s decision to combine Comedy Central and Spike with MTV, VH1 and Logo, resulting in the elimination of some positions related to production, production management, research and digital, according to a person familiar with the matter.
“As announced, we are in the process of restructuring and there will be employees leaving the company as a result,” the company said in a statement. ” We are so grateful for the contributions they have made to Viacom.”
So grateful that they fired them.
More layoffs at Viacom properties are expected throughout the month of March.
H/T Variety