V2 America has fired 35 people, including president Andy Gershon, as part of a restructuring. The label will mainly become a catalog label and will not release any new stuff from bands as the White Stripes, Moby and the Raconteurs. The only genre the company plans to participate in going forward is gospel.

Don't know what this means for dEUS and America, but something tells me this isn't very good news. They already had a lack of support in the States and it probably won't get better.

Update: Pitchfork on the same subject.