Paramount Global announced Tuesday that it was shuttering one of its television studios, part of a round of deep staff cuts aimed at eliminating nearly 2,000 jobs by year’s end as the company prepares ...

Paramount Global has announced the closure of its namesake television studio as part of a significant restructuring effort. Paramount Television Studios, which has been a key player in the industry ...

The new structure comes as the media giant is laying off 1,000 employees, with more cuts to come at a later date ...