Posted on 9/15/123 by Colin Vassallo
Mass layoffs at WWE headquarters in Stamford, Connecticut
began today just days following the merger with Endeavor to
form TKO Group Holdings Inc.
An e-mail sent to all WWE office employees was sent yesterday
urging everyone to work from home today so any conversations
with the HR department remain private.
“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,” the e-mail to
staff read.
“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,” it continued.
The layoffs were expected and something which wasn’t kept a
secret once WWE and Endeavor agreed on the merger.
At this point, it looks like the only casualties will be
those who work in the office and not in-ring talent.
“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,” the e-mail
concluded.