Paramount mandate 5-day week Back to office on the eve of higher costs


Paramount Pictures Studio Lot at 5555 Melrose Ave. Wednesday, 5. June 2024. in Hollywood, CA.

Brian Van der Brug | Los Angeles Times | Getti images

David Ellison continues to put her seal Least After purchasing slip.

The General Manager and Chairman are deserved to expect to expect to be expected to work for five days a week from 5. January 2026, according to the Memorandum of the CNBC received. Employees who do not want to make a transition to request the purchase starting from Thursday and until 15. September.

“In order to achieve what we have started – and we need to make meaningful changes that position us for long-term success,” Ellison wrote to the staff of stronger, related and revolving organizations that can be submitted on our goals and compete at the highest level. We need to achieve quickly and move. We have to all be paddled in the same direction. We have faked that we all be paddled in the same direction. And especially when you are dealing with creative jobs like ours.

This move could help to be the most important herds in the flock before the decrease in staff.

The variety applied last month to expect a company they discharge between 2,000 and 3,000 employees as part of his measures to reduce the cost of merging. These cuts are scheduled at the beginning of November, he reported variety.

Paramount wants to take $ 2 billion costs from conglomerate due to advertising losses and fighting with traditional cable networks.

Phase One of Ellison’s return plan will see employees in Los Angeles and New York who return to full five-day working week in the new year.

The second phase will focus on offices outside La and New York, including international locations. A similar redemption program will be offered in 2026. years for those working in these locations.

“We recognize this to represent a significant change for many, and we are committed to supporting you during this transition,” Ellison wrote. “We will work closely with managers to ensure that you have time and flexibility to give the necessary adjustments.”



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