MTV Networks has trimmed the staff of its MTV Music Group and gay-oriented Logo division. About 50 employees were laid off Tuesday, representing 1 percent of MTV Networks' workforce. "The current economic climate dictates we continue to look for more efficiencies in how we run our businesses," MTV said in a statement.
The latest round of layoffs follows the cut of 850 jobs in December when parent company MTV Networks eliminated 7 percent of its work force, with MTV Networks among the most affected.
Wednesday, June 24, 2009
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