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WWE Making MAJOR LAYOFFS Following UFC Merger

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In a surprising turn of events, the wrestling world has been rocked by the news of significant layoffs in WWE. This comes on the heels of the recent merger with UFC, a move that has sent shockwaves throughout the industry.

WWE employees received a rather unexpected email from Nick Khan, WWE President and a member of the TKO Board of Directors.

In this communication, Khan informed the staff that there would be “workforce reductions” taking place on September 15th.

The reason? WWE’s transition into the newly established TKO Group Holdings. As the company evaluates its operations and systems, they’re looking to identify potential synergies across the business, which unfortunately includes workforce reductions.

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WWE Layoffs: The Impact on Employees

The merger’s aftermath has left many employees in both WWE and UFC/Endeavor understandably apprehensive about their future.

The underlying rationale seems to be streamlining operations. If both WWE and Endeavor/UFC had individuals performing similar roles, the newly merged TKO company might only require one of them, leading to redundancies.

Employees affected by these layoffs will be notified by the Human Resources Team, who will provide details about their severance packages.

To ensure privacy and respect during these challenging conversations, all employees have been directed to work remotely.

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Talent Cuts and Other Changes

While there’s significant concern about the layoffs, there’s yet no word on any talent cuts. It’s essential to differentiate between regular employees and the talent – the wrestlers and performers who grace the ring.

Their situation is distinct, and any changes in their status would be a separate matter altogether.

Another notable change post-merger was the departure of WWE’s Chief Financial Officer, Frank Riddick III. However, it remains unclear whether he left voluntarily or was let go.

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The Future of WWE Post-Merger

The merger’s long-term implications are still unfolding. While layoffs are undoubtedly a challenging phase for any organisation, they sometimes pave the way for restructuring and new opportunities.

With the combined strengths of WWE and UFC, fans can potentially look forward to innovative content and collaborations in the future.

However, the immediate concern for many is the well-being of those affected by the layoffs. The wrestling community is tight-knit, and such events can have a profound impact on morale.

Nick Khan’s email acknowledged this sentiment, expressing gratitude and admiration for everyone they’ve had the privilege to work alongside.

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Jake Skudder
Written by
Jake Skudder
Jake is an SEO-minded Combat Sports, Gaming and Pro Wrestling writer and successful Editor in Chief. He has more than ten years of experience covering mixed martial arts, pro wrestling and gaming across a number of publications, starting at SEScoops in 2012 under the name Jake Jeremy.