
MTV Networks is laying off 50 more staff, following the hundreds of layoffs announced late last year by parent company Viacom. The new cuts mainly affect MTV’s program development department, its digital division and the scheduling group according to PaidContent. “As evidenced by many companies today, the current economic climate dictates we continue to look for more efficiencies in how we run our businesses,” says These are difficult decisions that need to be made in order to better position us for future growth.”