-- Another round of WWE cuts are coming beginning tomorrow and company employees were basically given a warning to expect them in an email sent out on Thursday by President Nick Khan. WWE had made no secret over the last few months that cuts were coming as soon as the transaction with UFC/Endeavor was completed as this merger would cause many positions within the two companies to be redundant. Below is the email that Khan sent out:
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 work force 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 15, so we can ensure all conversations are handled privately and respectfully. We'll send out a companywide 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
