Six hundred employees just packed up their desks and quit their jobs at Paramount Skydance.
The mass exodus happened after the company, formed by Skydance Media’s takeover of Paramount Global, told employees that they were instating a five-day back-to-office mandate, set to begin on January 5.
The company, led by new CEO David Ellison, let staffers know that if they didn’t plan to come back to the office, they could take a buyout deal starting on September 15. However, the media giant likely didn’t expect to be handing out quite so many severance packages.
According to company disclosures filed on Monday, around 600 employees in the Los Angeles and New York offices at the vice-president level and below took the deal, which reportedly cost Paramount Skydance $185 million in “restructurin

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