PWinsider: WWE (staff) LAYOFFS COMING TOMORROW

[Canadian Dragon]

WWE LAYOFFS COMING TOMORROW | PWInsider.com

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WWE LAYOFFS COMING TOMORROW​

By Mike Johnson on 2023-09-14 19:03:00
WWE President Nick Khan just issued an email to all employees announcing that all employees are to work remotely tomorrow as the company will beginning post-Endeavor acquisition layoffs.

Employees have been asked to remain home and work from there tomorrow in order to allow the company's human resources department to be able the layoffs privately.

Endeavor's Ari Emanuel noted on CNBC earlier this week that with WWE and UFC merging under one new parent company TKO, that there would be savings made through eliminating redundancies in employees across the two companies.

As PWInsider.com has noted for weeks, there have been great concerns among WWE employees in Stamford what their future would hold after the acquisition. Tomorrow, they will begin to find out, and for some of them, it will be the end of their WWE run.

 

[Butters]

vince is first

 

[Jimmy King]

Bummer for those folks not knowing what their future may or may not hold. I can’t even begin to imagine how they must be feeling right now.

 

[Deezy]

vince is first

First one to fire people.

And lol it'll be most likely people no one's ever heard of.......because it's the corporate side of WWE who have insurance that could be cut in order to save money......not them independent contractors.

 

[Butters]

Bummer for those folks not knowing what their future may or may not hold. I can’t even begin to imagine how they must be feeling right now.

for most of them I think shanes theme song just plays on repeat in their head

 

[Jimmy King]

Even if it’s no one we know it’s a bummer that their jobs are in jeopardy.

 

[Chris]

I'm sure there's some more middle class office employees that might be affected too, not just executives with stupid high buyouts and shit

 

[Chris]

Hopefully they get a nice severance, I'd love if I got one and could be unemployed comfortably for like a month or so

 

[Deezy]

Buh bye Mikaze level people......maybe Stu the camera guy.

 

[Buffy]

This is very unfortunately and I didn't expect it to happen days within apart. Sucks for office workers and executive employees losing their jobs.

 

[Jimmy King]

It’s pretty wild that it was sent the night before too. Not giving people much notice and time to prepare is something.

 

[#Waddles]

My only guess is Riddle.

 

[Chris]

"As part of WWE's transition into the newly formed TKO Group Holdings, we are evaluating our existing operations and systems to identify potential synergies across the business. This effort includes workforce reductions, which will take place tomorrow.
Those whose roles have been impacted will be notified by our Human Resources Team, who will share the details of their severance package. We are asking that everyone work remotely, Friday September 15th, so we can insure all conversations are handled privately and respectfully. We'll send out a company-wide email once all of tomorrow's conversations have happened.
Our company is home to the most talented, creative, and hard-working employees in the world. WWE is a special place, which makes moments like this difficult. Just know that we have nothing but gratitude and admiration for everyone we have had the privilege to work alongside.
Thank you for all your contributions and dedication."

From the email sent to employees

 

[Butters]

firing them on iPhone preorder day, the shame.

 

[Hidden Blaze]

Man, can’t believe Hunter is about to be fired