PWI: WWE (Office) Layoffs Today
PWI: WWE (Office) Layoffs Today
World Wrestling Entertainment had a number of employee layoffs today, PWInsider.com has learned.
We are told there were "a few" layoffs, including some long-standing employees. We have not confirmed the divisions involved but it was believed by one source t be more than one area of the company.
There is no word whether the depatures are related to today's announcement that the UFC and WWE live events division are merging into one division going forward. TKO Group Holdings has continued to assimiliate the two companies since purchasing WWE last year, seeking ways to cut overall costs to help maximize revenue.
They've made it pretty clear that UFC's team will be taking over most of WWE going forward because every time people get fired it's been at WWE HQ. I hate it for all those people, mega-mergers are fucked up.
Gotta maximize that revenue!
I await announcements for WWE Fight Island and UFC Crown Jewel. /s