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Sony Pictures Television to offer targeted buyouts to select executives

Exit packages will be based on specific roles rather than length of service

By GH Web Desk |
Sony Pictures Television to offer targeted buyouts to select executives
Sony Pictures Television to offer targeted buyouts to select executives

Sony Pictures Television is preparing to offer voluntary buyouts to a select group of executives as part of a strategic realignment.

The news, confirmed by sources to Deadline, initially caused a wave of confusion among staff who feared a sweeping, company-wide cull.

However, insiders have clarified that the approaches will be highly targeted, focusing specifically on departments identified as having limited growth potential in the current market.

These exit packages are a key component of the vision laid out by the new Sony Pictures Entertainment Chairman and CEO, Ravi Ahuja.

Since taking the helm, Ahuja has been vocal about shifting the independent studio’s investments towards more lucrative, high-growth areas of the industry.

Interestingly, these buyouts will not follow the traditional corporate model based on length of tenure; instead, they are being offered to specific individuals based on their roles and department focus.

The exact number of staff affected remains under wraps, but the move marks the most significant change at the television division since the major restructuring of 2022. That previous shake-up occurred early in Katherine Pope’s tenure as President.

By opting for voluntary buyouts over forced redundancies, the studio appears to be seeking a smoother transition as it pivots its business model.

For the executives involved, the offers represent a structured departure as Sony narrows its lens on the future.

This targeted approach suggests a surgical attempt to modernise the studio's portfolio without the blunt impact of traditional mass layoffs, ensuring the company remains agile in a competitive landscape.