We watched 600 people at Paramount take the severance and walk. We have to talk about whether that means anything.
$185 million in severence and exit costs. Six hundred employees out the door rather than accept five days in office. That's the number Paramount Skydance reported in their Q3 shareholder letter and it has been sitting in my head for three months.
Here's what's eating at me. The company tried to spin it as a cost. The market read it as a cost. But $185 million divided by 600 people is roughly $308,000 per person, which means these were senior people and the loss is going to take Paramount years to feel in their content, their pipelines, their institutional knowledge. The same execs who pushed the mandate are now reporting record severance costs and quietly hiring replacements at higher salaries.
The lesson everyone took from this was wrong. People keep saying "RTO is a stealth layoff." That's not the news. The news is that 600 people had the savings, the leverage, or the desperation to walk away from a major employer rather than commute. Six hundred.
So my question for this sub. Are we organizing or are we just venting?
I am asking because I don't know. I am six months from being able to walk myself. My partner is two years out. We are not the only people in our orbit running the same numbers. If 600 people at one company can do this, what does 6,000 people at six companies look like? What does 60,000 look like?
I am not advocating for anything specific. I am asking what the next move is. Because the next move feels like it should not be "wait until our individual finances align." It feels like it should be something else.
Open to ideas. Even the bad ones.