Skip to playerSkip to main content
  • 7 weeks ago
Transcript
00:00Paramount just made headlines by telling its remote employees,
00:03see you in office on Monday and Tuesday and Wednesday, Thursday and Friday.
00:07Starting January 2026, Paramount is enforcing a five-day-a-week in-office mandate.
00:12Those not on board can opt for a buyout package, but they have to make their decision by September
00:1615th, 2025. This controversial move comes on the heels of Paramount's merger with Skydance,
00:22finalized in August. The Paramount Skydance Corporation, led by David Ellison,
00:25is wasting no time reshaping company culture. Ellison's rationale? Creativity thrives in
00:31person, but critics are saying, uh, yeah, so does burnout. Industry analysts view the mandate as
00:36part of a broader effort to consolidate operations and reestablish Paramount's competitive edge
00:41following years of financial strain. They are also planning to lay off up to 3,000 workers in November
00:47to cut $2 billion in costs. For employees, this means saying goodbye to remote work and going
00:51back to how things were before the pandemic, which could be tough for those who have gotten used to
00:55working from home. Other studios like Amazon MGM have already adopted the move, and people who
00:59support the change say working together in person leads to better ideas and a stronger team. But
01:04those who oppose the change say it would push workers to quit, especially since many in the
01:08industry now expect this modern flexibility. So, Paramount's Return to Office play is highly
01:13contested. Will it fuel a new era of blockbuster innovation or cause mass exits from the company?
01:18We'll keep you updated, but until then, let us know what you think in the comments, and of course,
01:21follow us here for more.
Be the first to comment
Add your comment

Recommended