"Paramount CEO David Ellison, in one of his first companywide memos, demanded staff come back to the office five days a week or else find a new job. Ellison, the founder and CEO of Skydance Media, became CEO of Paramount after its long-stalled $8 billion merger with Skydance was finalized last month. Since then, he has warned employees of efficiency changes, and said in an email that the new return-to-office mandate, which will be pushed out in phases starting January 2026, will "unlock Paramount's full potential," reported."
"But the mandate came with a not-so-subtle deadline: New York or Los Angeles-based employees have until Sept. 15 to decide whether they'll comply or take a buyout. The company will announce plans for employees based outside of New York or L.A. in 2026, Ellison said in the email. "As I said during our town hall, some of the most formative moments of my life happened in rooms where I was a fly on the wall, listening and learning. I've never seen that happen on Zoom," he wrote, according to Fox News."
Paramount, following its merger with Skydance, implemented a mandate requiring employees to return to the office five days a week with a phased rollout beginning January 2026. New York and Los Angeles-based employees face a Sept. 15 deadline to either comply or accept a buyout, while plans for other locations will be announced in 2026. The company framed in-person presence as essential to learning and efficiency and linked the policy to unlocking company potential. The move aligns with broader corporate reversals of COVID-era remote work amid cost-cutting pressures and reported preparations for staff reductions.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]