Skydance Cuts Costs After Mega Deal: Employees Are Voluntarily Fired and Returned to the Office for Five Days The newly established media giant Skydance (after a merger with Warner Bros. Discovery for $110 billion) launched a program to voluntarily lay off workers with compensation. The company is trying to cut costs by $6 billion over three years to deal with a massive debt of $80 billion. Key facts: Purchase contracts: The exact number of workers who will be laid off has not been disclosed. Requests for compensation are accepted until the beginning of November.
Ultimatum with the office: the management introduces a mandatory five-day shift at the office. Those who do not agree with the strict schedule are directly asked to take their money and stop. Organizational trend towards "soft" reductions: Microsoft previously offered to voluntarily leave 60,000 employees amid huge expenditures on artificial intelligence development.
on. from. Wu launched a similar program, but closed the acceptance of applications before the deadline - there were too many people willing to retire for generous compensation.