Overview

• Phase One requires employees assigned to Los Angeles and New York offices to work in person five days a week beginning Jan. 5, 2026.
• Vice presidents and below in LA and NY may opt into severance if they cannot or do not wish to return, with a window open through Sept. 15, 2025.
• Phase Two will outline requirements for international offices and fully remote roles in 2026, with similar opt‑in eligibility and adherence to local laws.
• CEO David Ellison announced the plan in a companywide memo that frames in‑person collaboration as essential to culture and performance.
• The shift comes as leadership reviews office footprint, considers a headquarters move to Paramount’s Melrose lot, and targets multi‑billion‑dollar savings with large job cuts reported for late 2025.