David Ellison, CEO and chairman of Paramount, has announced a new policy requiring employees to work in the office five days a week starting in January 2026. This move is aimed at building a stronger, more connected, and agile organization that can deliver on the company’s goals and compete at the highest level. E

mployees who do not wish to make the transition have the option to seek a buyout until September 15. This change comes as Paramount looks to thin the herd ahead of looming staffing cuts, with the company expected to lay off between 2,000 and 3,000 employees as part of cost-cutting measures.