WWE employee layoffs will take place on September 15, 2023.
In the wake of the UFC-WWE merger and the formation of TKO Group Holdings, synergistic moves are beginning to occur to integrate the corporate structures. As part of these synergies, WWE employees will begin being laid off on September 15, 2023.
WWE President Nick Khan has now sent an email to all staff members informing them that the organization would begin workforce reductions tomorrow.
PWInsider has shared the internal email employees received.
Hi All,
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.
Nick Khan
Fans can learn more about the recent merger at this link.
Learn more about the synergies that may take place moving forward, as described by Endeavor President and COO Mark Shapiro, at this link.
