Majority of furloughed WWE employees expected to return to work by end of year

WWE is anticipating that nearly all the employees that were furloughed in April and May will be returning to work by the end of the year.

The company furloughed roughly 25% of its workforce when the coronavirus pandemic hit, affecting everyone from office workers to backstage producers, live event staff, and Superstars. The move was highly criticized as the company is in great financial position and could have easily supported all the workers without having a massive hit.

WWE Chief Financial Officer Kristina Salen said that due to the majority of them returning to work, the company will have incremental expenses of up to $45 million when adding the cost of running and creating the ThunderDome, Capitol Wrestling Center, and employees returning to work.

Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!


WWE Network Documentaries presents first non-WWE doc on Heaven Fitch

WWE Network Documentaries will expand its storytelling beyond WWE and for the first time, will present Heaven, a new...

Ric Flair details why he’s no longer friends with The Four Horsemen

Two-time WWE Hall of Famer Ric Flair described how his relationship with the rest of the Four Horsemen dissolved...

HollywoodBets App: How To Make The Most Out Of The App

As a dominant betting brand in South Africa, HollywoodBets offers unrivaled benefits that you can relish when you download...

Stories you might also likeRELATED
Recommended to you