Paramount TV Studios Shutting Down Amid Major Restructuring, Layoffs Hollywood ReporterParamount begins laying off 15% of work force, hundreds expected to be cut Fox BusinessParamount Television Studios Shut Down by Paramount Global Cost Cuts VarietyParamount Begins Laying Off 15% Of U.S. Staff; Co-CEOs Tell Staffers Media Company Has Reached “An Inflection Point” As “Industry Continues To Evolve” Deadline