Skydance is offering voluntary buyouts to employees as it prepares further cost cuts. Variety and the New York Post reported the Monday internal notice. The company also ordered a five-day-per-week return to office across its operations.

David Ellison's company is pushing ahead with savings after its takeover involving Warner Brothers Discovery. An internal email obtained by the New York Post described the buyout program and the office mandate. Variety said layoffs are still expected after the voluntary window.

The five-day rule marks another major workplace shift in Hollywood. Many studios had kept hybrid schedules since the pandemic. Staff who decline buyouts may still face job cuts later, the pages said.

Unions and guilds were watching how many roles would vanish in film, TV, and corporate ranks. Skydance has not published a full public headcount target on the pages reviewed here. Employees were given a limited window to decide.

What we know: Skydance opened voluntary buyouts and ordered five-day office attendance.
What we don't: How large the layoff round will be after the buyout window.