Nick Khan Announces WWE Workforce Reductions Will Take Place Today

On September 15, 2023, WWE is set to undergo employee layoffs. This comes in the aftermath of the merger between UFC and WWE, leading to the establishment of TKO Group Holdings. In a bid to harmonize their corporate structures, WWE has initiated a series of strategic moves, with staff reductions slated to commence on the aforementioned date.

To relay this development, WWE President Nick Khan has circulated an email to all employees, notifying them of the forthcoming workforce reductions.

The contents of the internal email sent to employees have been made public by PWInsider.

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

Published by One Stop Wrestling

Wrestling fan

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