Here's the buyout package Skydance is offering employees who don't want to work in person 5 days a week
Skydance, the company formed by the merger of Paramount and Warner Bros. Discovery, is mandating a five-day in-office work week for all employees. Staff members who refuse to comply are being offered a one-time severance package based on their years of service.
Why it matters
This move highlights the ongoing corporate tension between remote work flexibility and the push for full-time office returns in the media and entertainment sector.
Skydance has called more employees back to the office under CEO David Ellison. NYSE Skydance, formed by the merger of WBD and Paramount, told employees to return to the office five days a week or take a buyout. Many Paramount employees had been working fully in person, while WBD staffers were generally at three days a week. Read the memo from Skydance's HR team detailing the standard buyout offer. David Ellison's Skydance just shared its buyout offer for employees who don't want to return to an office five days a week. Staffers across the company, which was formed by the merger of Paramount and Warner Bros. Discovery, were told on Monday that they'd soon have to work fully in person. The company didn't say if there were any exceptions to its new RTO mandate.
Also covering this story
One other newsroom covered this event. We read that version too.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in