Yahoo Movies MTV Hit By Layoffs As Viacom Restructuring Continues
UPDATED: The wave of Viacom layoffs has reached MTV. We’ve learned that layoffs are underway at the music network. There is no ballpark headcount yet as I hear the process started yesterday and continues today, with some estimate that as much as 12% of MTV’s staff may be gone by the time this is over at the end of day today. I hear no department is being spared but for now, I hear the New York group has been seriously hit, especially those working on the unscripted side, including longtime staffers. Sister network VH1 also is being hit we hear, with veteran employees in marketing and promotion, design and PR among those impacted by layoffs.
“As announced, we are in the process of restructuring and there will be employees leaving the company as a result. We are so grateful for the contributions they have made to Viacom,” the company said in a statement to Deadline, declining further comment.
Viacom is in the process of combining the bulk of two network groups – Music and Entertainment – into one under Doug Herzog, and there is an ongoing consolidation in a number of departments as part of that, including Production, Research and Digital.
There are also rumors about layoffs at CMT. That network, along with TV Land, which already had layoffs last week, has been moved over to Viacom’s Kids and Family Group as part of the new structure.
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