In a significant move today, WWE decided to execute a series of layoffs, impacting several long-standing employees within the organization.
According to PWInsider, the exact divisions affected by these layoffs remain unspecified, though it is believed that multiple areas within the company have been hit. This development follows closely on the heels of the recent announcement of a merger between the UFC and WWE live events divisions, leading to speculation about the connection between these two events.
“We are told there were ‘a few’ layoffs, including some long-standing employees. While we have not confirmed the specific divisions involved, it is believed to span more than one area of the company.”
This move follows the company’s announcement last month of a series of talent releases, which included notable names like Xyon Quinn, Jinder Mahal, Von Wagner and Cameron Grimes.
As WWE navigates this phase of corporate restructuring, more updates and details about the layoffs are anticipated. Stay informed with Ringside News for the latest information.
What are your thoughts on these recent layoffs at WWE? How do you think they will affect the company’s future? Do you see a connection between these layoffs and the recent UFC and WWE live events division merger? Share your insights and feelings in the comments below!