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

/ Paramount’s next round of major layoffs will see the studio’s TV division folded into the larger CBS Studios umbrella.

Image: Paramount

Ahead of its upcoming merger with Skydance Media, Paramount is winding down its TV production studio as part of a larger restructuring effort that will put 15 percent of its current workforce out of jobs.

In a memo sent to employees today and obtained by The Hollywood Reporter, Paramount TV head Nicole Clemens and Paramount co-CEO George

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