Skydance is offering buyouts to employees who aren't willing to work in the office 5 days a week
Skydance CEO David Ellison and co-CEO Ynon Kreiz are implementing a five-day RTO policy. Read the memo to employees.
Skydance, the media and entertainment company, has announced a new five-day in-office policy for its employees. CEO David Ellison and co-CEO Ynon Kreiz informed staff on Monday afternoon that employees who are unwilling to work in the office from Monday to Friday will be eligible for a voluntary buyout program. The CEOs stated that they believe this policy is in the best interest of the company and its people, citing the benefits they have seen at Paramount.
The company aims to build a strong culture, foster collaboration, and maintain in-person interaction as the foundation of its success. While some employees are already in the office five days a week, the company is taking a phased approach by location to allow time for planning and adjustment. Eligible employees will receive personalized details and terms via individual communication, with a window to decide on the offer. HR support is available to assist employees through the transition.
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