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Skydance is launching an employee buyout program, with David Ellison and Ynon Kreiz kick-starting what is widely expected to be the first of many cost-saving efforts in a memo to staff Monday.

bit.lySkydance Launching Employee Buyout Program as Cost Savings Efforts BeginSkydance is launching an employee buyout program, with David Ellison and Ynon Kreiz kick-starting what is widely expected to be the first of many cost-saving efforts in a memo to staff Monday.

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Here we go. First come the buyouts and then, probably near Christmas, come the layoffs. All in the name of "efficiency" & "reducing redundancies". Billionaires gonna Billionaire. This worthless & untalented nepo baby got daddy to make him a media mogul and now he swings the hatchet.