Furloughs, pay cuts in WWE leads to talent releases
STAMFORD, Conn. (Heartland Newsfeed) -- Unforeseen economic struggles as a result of the COVID-19 coronavirus epidemic has forced WWE to make some drastic changes Wednesday. WWE announced changes to staffing and compensation packages for executives among other measures, according to a report from Wrestling Observer's Josh Nason. A press release reveals these actions, which include decreasing operational expenses, cutting talent, staffing and consulting costs and delaying the headquarters move from Titan Towers by six months. WWE was identifying headcount reductions, making […]
