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Paramount Orders Five-Day Office Return in 2026, Offers Buyouts to Opt Out

The directive reflects David Ellison’s post‑Skydance merger drive for about $2 billion in cost reductions.

Overview

  • Phase One requires employees assigned to Los Angeles and New York offices to work on site five days a week starting January 5, 2026.
  • Vice presidents and below in L.A. and New York who do not wish to return can enroll in a severance opt‑in program through September 15, 2025, with certain union, contract, production and full‑time onsite roles ineligible.
  • Phase Two for other U.S. locations, international offices and fully remote hires will be detailed in 2026, with a similar opt‑in severance and rollout subject to local laws.
  • Ellison framed in‑person work as essential to rebuilding culture and innovation, saying he has “never seen that happen on Zoom,” in a memo sent to staff.
  • The policy comes as leadership pursues efficiencies in labor, real estate, procurement and a unified tech platform, with multiple outlets reporting a major layoff round expected by early November.