Skydance offers staff buyouts after Warner Bros merger

Skydance, formed by Paramount's $110bn takeover of Warner Bros. Discovery, is offering some employees voluntary buyouts as part of a plan to save more than $6bn. The company will also require staff to work from the office five days a week. It did not disclose how many employees qualify or the payout amounts.

• Buyouts are part of a plan to save over $6bn
• Company introduces five-day office work, rolled out by location
• Paramount completed the Warner Bros. Discovery takeover this month
• Most savings expected from shared offices and merged streaming tech