Skydance Offers Voluntary Buyouts, Moves To Five-Day In-Office Policy Across Company
News Source
β’Mon, 26 Oct 2026 18:01:23 +0000
π° What Happened
Skydance will require all staff to work in the office five days a week. Its new co-CEOs, David Ellison and Ynon Kreiz, announced the change in a memo on Monday. They said working in person helps creativity and teamwork.
The company also opened a voluntary buyout program. Eligible workers can choose to leave with a package instead of staying. The five-day rule will roll out slowly, area by area.
Skydance's biggest offices are in Los Angeles, New York, Atlanta and London. Staff were told they would get plenty of notice before any change starts.
π The Backstory
The news comes after Skydance closed its $110 billion purchase of Warner Bros. Discovery this month. The combined company owes close to $90 billion, and interest rates have been rising.
Ellison has promised at least $2 billion in savings. Layoffs are expected to supply much of that money. Buyouts are often a first step before a company cuts jobs.
Paramount, which Skydance already ran, had gone back to five days a week. Warner Bros. Discovery was still at three days.
π― Why It Matters
Thousands of people work at these studios. A five-day rule and buyout offers can change where they live, how they travel and whether they keep their jobs.
Skydance will require all staff to work in the office five days a week. Its new co-CEOs, David Ellison and Ynon Kreiz, announced the change in a memo on Monday. They said working in person helps creativity and teamwork.
The company also opened a voluntary buyout program. Eligible workers can choose to leave with a package instead of staying. The five-day rule will roll out slowly, area by area.
Skydance's biggest offices are in Los Angeles, New York, Atlanta and London. Staff were told they would get plenty of notice before any change starts.
The news comes after Skydance closed its $110 billion purchase of Warner Bros. Discovery this month. The combined company owes close to $90 billion, and interest rates have been rising.
Ellison has promised at least $2 billion in savings. Layoffs are expected to supply much of that money. Buyouts are often a first step before a company cuts jobs.
Paramount, which Skydance already ran, had gone back to five days a week. Warner Bros. Discovery was still at three days.
Thousands of people work at these studios. A five-day rule and buyout offers can change where they live, how they travel and whether they keep their jobs.