Reelzchannel appears to be the latest victim of the faltering economy. According to a story in the Los Angeles Times, the channel is laying off 40 workers and cancelling its most prominent series, Dailies.img src="http://feeds.feedburner.com/~r/MultichannelBreakingNews/~4/483073304" height="1" width="1"/

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I feel sorry for the people who lost their job but, my perception is, the entire REELZ channel could disappear and few people would even know it was gone.