Skydance announces five-day office policy and voluntary buyout program
Skydance will require employees to work in the office five days a week and is offering a voluntary buyout to staff who prefer to leave.
Skydance executives said the company will move to a five-day in-office work schedule for all employees, citing the importance of face-to-face collaboration for creative work. The policy will be rolled out gradually by location, with advance notice and manager support for affected staff.
"In-person collaboration is vital to our culture and to the success of our business," the co-CEOs wrote in an internal memo.
The company also introduced a Voluntary Buyout (VBO) program, offering eligible workers a one-time payment to leave the firm. Employees receiving the offer will get individualized details and a limited window to decide. The memo directs staff to FAQs and HR resources for further information.
Skydance emphasized that the changes aim to strengthen its culture and align the organization as it pursues its media and entertainment goals.