New Paramount CEO David Ellison on Thursday told staff they must return to the office full-time or accept a severance package.

Ellison took control of Paramount, parent company of CBS, Comedy Central and the iconic movie studio, last month after the Federal Communications Commission (FCC) approved a long-planned merger with Skydance Media. He notified staffers via a company-wide memo that COVID-era work-from-home policies are ending.

"I believe that in-person collaboration is absolutely vital to building and strengthening our culture and driving the success of our business. Our people are the key to winning, and being together helps us innovate, solve problems, share ideas, create, challenge one another, and build relationships that will make this company great," Ellison wrote in the

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