Paramount CEO David Ellison announced a mandatory return to office policy, requiring employees in Los Angeles and New York to work five days a week starting January 2026. Employees unwilling to comply can seek buyouts until September 15.

Paramount CEO David Ellison said in a companywide email that employees need to return to the office five days a week or take a buyout. The CEO of the now-merged Skydance and Paramount said the move will “unlock Paramount’s full potential.” Employees who don’t want to comply can take a buyout with a fast-approaching deadline of Sept. 15.

CEO David Ellison said the return would start in January with Los Angeles and New York, with severance offered to those who don't return full time.

Skydance’s Paramount (PSKY) is reportedly calling employees back to the office for five days a week starting in January. According to a report by Bloomberg, citing a memo by CEO David Ellison, staff have till September 15 to make their decision.