Viacom To Lay Off 850

[Multichannel News]

Viacom, the battered parent of MTV Networks, was the first cable programmer to announce big layoffs resulting from the economic downturn, shedding 850 employees across all of its divisions, or about 7% of its total workforce.img src="http://feeds.feedburner.com/~r/MultichannelBreakingNews/~4/474742252" height="1" width="1"/

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