Jason Bateman is set for Up in the Air, a Jason Reitman-directed adaptation of the Walter Kirn novel for DreamWorks and the Montecito Picture Co.

According to Variety, George Clooney stars as a corporate downsizer who is obsessed with collecting frequent flyer miles at the expense of having a life. Bateman will play his boss.

Bateman just signed to star with Jennifer Aniston in the Mandate Pictures comedy Baster, which he'll begin shooting later this month after completing Up in the Air.