Paramount is shutting down its TV studio as part of a new wave of layoffs The VergeParamount 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