Skydance promised $6 billion in savings but won't say how many jobs go. Will it disclose a layoff number by Oct 31?
62% of users predicted NO — the community got this one right. 8 predictions cast.
Skydance did not disclose a specific layoff number by Oct. 31, 2026, instead rolling out a voluntary buyout program alongside a new five-day in-office mandate. Under the plan, eligible employees who receive a buyout offer must submit their decision by 11 p.m. Eastern on Nov. 8, 2026.
Co-CEOs David Ellison and Ynon Kreiz acknowledged in an internal memo that the company's post-merger integration with Paramount would result in job losses, writing that "we recognize that not everyone will see their future here, and we respect that," but they did not attach a headcount figure to the cuts. The company has said it is targeting $6 billion in cost savings, a figure spanning multiple business functions beyond payroll, and it has not specified how much of that target will come from reduced staff. The five-day office requirement is being phased in across company locations.
The community had put the odds of a disclosed layoff number at 38%, below even odds; the majority correctly anticipated that Skydance would avoid naming a specific figure before the deadline.