Skydance issued a companywide memo, signed by founder David Ellison and co-CEO Ynon Kreiz, the former Mattel chief who joined the firm earlier this month. The document outlines a new employee buyout program and requires staff to work five days a week on-site.
Skydance Announces Employee Buyout Plan and Five-Day Office Return
Skydance executives David Ellison and co-CEO Ynon Kreiz signed a memo unveiling a buyout program and mandating a five-day workweek in the office.
Key takeaways
- David Ellison signed a memo announcing a buyout program for Skydance employees.
- Co-CEO Ynon Kreiz also signed the same companywide memo.
- The memo orders a five-day return to the office for all staff.
Why it matters
Skydance employees will be affected by the new buyout option and the requirement to work full-time from the office.
Questions and answers
Who signed the Skydance memo about the buyout program?
The memo was signed by David Ellison and co-CEO Ynon Kreiz.
What does the memo require regarding office attendance?
It orders a five-day return to the office for all employees.
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