The film was released on December 9, , by Paramount Pictures. Newly divorced Josh Parker works as the chief technology officer of Zenotek in Chicago. Carol Vanstone, the Interim CEO following the death of her father and former CEO, arrives to notify Josh and her brother Clay, the Chicago branch manager, that they failed to meet its new quarterly quota.
Carol, bitter over Clay being their father's favorite, threatens to shut down the branch if they do not cancel their employee bonuses and the annual Christmas party. Carol says that if they can land that contract, she will agree not to make cuts at the company.
At the meeting, Walter says he likes Zenotek's product but has concerns about its corporate culture. In a bid to secure the deal, Clay invites him to the Christmas party, hoping to show him their company has a healthy employee environment.
On her way to the airport, Carol stops by Josh's apartment to offer him a position working for her at the company's headquarters in New York at twice his salary. Clay funds an exorbitant Christmas party that vexes their head of Human Resources , Mary. The party struggles to pick up, even with Chicago Bulls player Jimmy Butler present.
However, the party amps up with the arrival of Savannah, a prostitute hired by IT director Nate to pose as his girlfriend. Her cocaine is mistakenly placed in a snow-blowing machine, dousing the employees and Walter. They become even rowdier, resulting in orgies in the restroom and damage to the company's property.
