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Skydance issues 5-day RTO mandate, announces employee buyout program

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BY Peter Saalfield

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Skydance, the megastudio formed via the recent merger of Paramount and Warner Bros. Discovery (WBD), is ordering workers back to the office full time and offering voluntary buyouts to certain employees.

Paramount-Skydance already had a five-day in-office workweek, but WBD still required only three days.

“We believe in-person collaboration is vital to our culture and to the success of our business,” wrote chairman and CEO David Ellison and co-CEO Ynon Kreiz in a memo to staff on Monday. “Especially in a creative company like ours, the best ideas come from people in the same room, sharing perspectives, challenging one another, and solving problems.”

Employees selected for the buyout program will receive “an individual communication with their personalized details and terms, and a window to decide whether to accept this onetime offer,” they added.…

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