Here's Skydance's Buyout Offer for Employees Who Don't Want to RTO
Business Insider • • entertainment
Key Points:
- Skydance, formed by the merger of Paramount and Warner Bros. Discovery, has mandated that all employees must work fully in person five days a week, with no stated exceptions.
- Employees unwilling to comply with the return-to-office (RTO) policy are being offered a buyout package, consisting of two weeks of severance pay for every year of service at Paramount or WBD.
- Most eligible employees will receive this buyout offer, though there may be variations in timing or severance amounts for some individuals.
- Employees must decide whether to accept the severance and leave the company by 11 p.m. ET on November 8, as this is a one-time offer with no plans for additional buyout opportunities.
- The RTO policy continues previous mandates where Paramount required five-day office attendance and WBD required at least three days in office per week.
