In a major corporate shock, approximately 600 employees at Paramount Skydance resigned after they were asked to rejoin the office five days a week. According to a report by Fortune magazine, in which it showed the company filings made on Monday, hundreds of staff members chose to accept CEO David Ellison’s buyout offer, a move that will reportedly be a very expensive deal for the entertainment giant as it come for USD 185 million.
How did this all begin?
This started after the merger between Paramount and Skydance Media of USD 8 billion in August 2025. Soon after this merger, the newly appointed CEO, David Ellison, brought in a new policy of strictly working from the office. Employees were given two options: Either join the office full-time or take severance pay and leave.
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