Paramount announced layoffs as the company restructures after completing its $8 billion merger with Skydance earlier this year.

Of course, Paramount did partner with Sheridan on a sprawling Texas studio, and new CEO David Ellison praised the creator publicly in the press. But Sheridan was reportedly already having problems with his home base studio before the Skydance merger brought Ellison’s regime in.

Paramount has signed a minimum 10-year lease agreement with 1888 Studios to occupy more than 285,000 square feet of the production company in Bayonne, N.J. as a way to capitalize on incentives offered from the state’s film and digital media tax credit program.