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

Skydance, as it embarks on the work to integrate the businesses of Paramount and Warner Bros. Discovery, is offering certain employees a voluntary buyout in a “one-time offer.”

The new program was outlined by chairman and CEO David Ellison and co-CEO Ynon Kreiz in a memo to staffers Monday.

“As we bring our teams together, we recognize that not everyone will see their future here, and we respect that. To give eligible employees the option to move on in a way that works for them, we are introducing a Voluntary Buyout (VBO) Program,” the execs wrote. “Those who