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flag After merging with Skydance, Paramount mandated five-day office returns, triggering 600 resignations and 2,000 layoffs for $3B in savings.

flag Following its $8 billion merger with Skydance, Paramount Skydance mandated a five-day-a-week return-to-office policy, leading 600 employees to accept $185 million in severance, according to its November 10, 2025, earnings report. flag The move, part of CEO David Ellison’s push for $3 billion in cost savings, includes 2,000 layoffs since late October across CBS, MTV, BET, and Paramount+, with more cuts expected. flag The company is streamlining operations, investing in AI and Oracle-powered tech integration, and restructuring real estate and workflows, amid broader industry trends reversing remote work flexibility.

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