WWE Replica Titles

-

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 Vassallo
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!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Latest betting odds for Dynasty 2024 pay-per-view

We are just hours away from the much-anticipated Dynasty pay-per-view live from St. Louis and today we will look...

Matt Hardy says he’s still a free agent despite TNA appearance

Matt Hardy has clarified in a post on X that he is still a free agent after someone asked...

Dynasty 2024 live on pay-per-view tonight

Live from the Chaifetz Arena in St. Louis, Missouri, AEW presents Dynasty on pay-per-view. The full card is as...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading