Skydance offers staff buyouts after Warner Bros merger

Skydance, formed via Paramount's $110bn takeover of Warner Bros. Discovery, is offering voluntary buyouts to employees to reduce costs, as announced by David Ellison and Ynon Kreiz. Simultaneously, Microsoft is providing voluntary buyouts to up to 60,000 staff across the United States, United Kingdom, Canada, and India. Chief People Officer Amy Coleman stated the program provides financial support and career planning resources, allowing Microsoft to trim its workforce and curb expenses without initiating new layoffs.