You hear it first:

MTV ax drops this afternoon. The people will be informed late this afternoon. This from my boss, who will be doing the axing in my dept. Hooray.
I meant axe, whatever. I have not been able to sleep.
Chin up, tipster. Remember, this strategic reorganization is for the good of all!

OH IT BEGINS. Another tipster reports that the "ax" is being swung already, surmises that they're doing it in "splurts." Like love!

Earlier: MTV Layoffs Half As Bad As Expected (Still Bad Though)