-

More layoffs today at WWE HQ

Brandon Thurston from Wrestlenomics is reporting that WWE laid off more employees from its corporate headquarters today as TKO continues to consolidate WWE and UFC employees to cut costs.

It’s unknown on how many people lost their job today but the last layoffs in September saw over 100 people receiving their pink slip.

When the merger of WWE and UFC under the TKO umbrella was announced, Endeavor and TKO Chief Operating Officer Mark Shapiro said that the company would be looking to save around $100 million post-merger, eliminating jobs which are “double” between WWE and UFC.

The cuts were all made from WWE’s side so far as UFC already went through this when it was acquired by Endeavor.

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

Dynamite TV Report for 05/15/2024

Venue: Angel of the Winds Arena, Everett, Wash. Seems Warner have not only allowed their exclusive negotiating period with the...

Two eliminator matches headline Dynamite tonight on TBS

Several matches and a few in-ring segments have been announced for tonight's Dynamite in Everett, Washington, airing live on...

Emmy-winning actor Paul Walter Hauser joins Major League Wrestling for Battle Riot VI

NEW YORK – May 15, 2024 – Major League Wrestling (MLW) – one of the fastest growing wrestling leagues...

Discover more from Wrestling-Online.com

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

Continue reading