# Skydance Is Offering Employees Voluntary Buyouts Ahead of Layoffs, Adopts 5-Days-per-Week In-Office Policy

- URL: https://talkfuse.com/story/skydance-is-offering-employees-voluntary-buyouts-ahead-of-layoffs-adopts-5-days-per-week-in-office-policy/
- Published: 2026-10-26T17:45:01+00:00
- Updated: 2026-10-27T01:35:23+00:00
- Original publisher: Variety
- Original article: https://variety.com/2026/film/news/skydance-voluntary-buyouts-layoffs-5-days-per-week-in-office-policy-1236931402/
- Topics: Business, Companies, Government, Politics, Research, Science

## Key points

- Skydance is offering eligible staff one-time voluntary buyouts.
- The company is adopting a five-day office week.
- The merger may put around 4,500 Los Angeles jobs at risk.

## Summary

Skydance is offering eligible employees a one-time voluntary buyout as it combines Paramount and Warner Bros. Discovery, a process expected to include job cuts. The programme gives some staff the option to leave, though the company has not said how many redundancies it plans.

In a memo, chief executives David Ellison and Ynon Kreiz also announced a five-day-per-week office policy across Skydance, saying in-person work supports collaboration and creativity. Paramount’s $111 billion acquisition of Warner Bros. Discovery closed on 6 October; Skydance is targeting more than $6 billion in annual cost savings within three years. A Los Angeles County report estimated the merger could cost about 4,500 film and television jobs in the county over three years.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.