Paramount employees will be required to return to the office five days a week starting Jan. 5, 2026, under a mandate announced by Chairman and CEO David Ellison as the media conglomerate braces for major cost-cutting measures, CNBC reported.

Ellison told staff Thursday that the new policy is part of a sweeping effort to reshape the company after its $8 billion merger with Skydance Media. Employees unwilling to comply with the requirement can enter a buyout program open until Sept. 15.

“To achieve what we’ve set out to do — and to truly unlock Paramount’s full potential — we must make meaningful changes that position us for long-term success,” Ellison wrote in a memo obtained by CNBC.

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