NEWS: WWE Making Mass Layoffs Today, Possible "Major" Roster Cuts Coming Too? | CULTAHOLIC WRESTLING NEWS
Cultaholic Wrestling
Cultaholic
4.7 • 1K Ratings
🗓️ 15 September 2023
⏱️ 12 minutes
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Summary
In the wake of the TKO Group Holdings merger WWE are expected to make major staff layoffs today with reports of a roster cut on the horizon too.
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| 0:00.0 | The future is unpredictable at times that the Open University are the experts in |
| 0:06.8 | distance learning allowing you to fit study around your life. What's more you'll |
| 0:12.3 | have support from dedicated tutors every step of the way. |
| 0:16.0 | Now, suddenly your possibilities are open. |
| 0:20.0 | Search the Open University to find out more. |
| 0:23.0 | The Open University, the future is open. You're going to be. For Friday, September the 15th, 2003, this is your cultaholic wrestling news and that was the moment that it became official as the opening bell of Wall Street rang |
| 1:05.1 | W. W. W. W. and U.F.C. merged to form T. K.O. Group Holdings. With that comes a lot of change to both companies, in particular the |
| 1:17.5 | behind the scenes operations of both. There was suggestion of course that there would be some form of layoffs on the horizon for |
| 1:28.1 | W. W. W. W. W. F. C. As now they have duplicated departments. |
| 1:34.0 | To that end, Nick Khan sent a letter to all staff for |
| 1:38.0 | W. W. W.E. yesterday, the president of W.W. |
| 1:42.0 | said as follows, as part of WWE's transition into the newly formed |
| 1:46.4 | T. K.O group Holdings we are evaluating our existing operations and systems |
| 1:52.2 | to identify potential synergies across the business. |
| 1:57.0 | This effort includes workforce reductions which will take place tomorrow. This was a letter that was sent yesterday |
| 2:05.8 | Those whose roles have been impacted will be notified by our human resources team |
| 2:12.0 | who will share the details of their severance package. |
| 2:15.9 | We are asking that everyone work remotely on Friday, September the 15th, so we can ensure |
| 2:20.9 | all conversations are handled privately and respectfully. |
| 2:25.0 | We will send out a company-wide email once all of tomorrow's conversations have happened. |
| 2:32.0 | Our company is home to the most talented, creative and hard-working |
| 2:36.9 | employees in the world. WWE is a special place which makes moments like |
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