TKO, the parent company of WWE and UFC, spoke about budgets this week and stated that more jobs will be cut.. This comes after over 100 office employees and some big name wrestlers were released in September.
They are looking at ways to combine positions between WWE and UFC to cut costs.
Some of the departments that are looking to face the chop are.. IT, Legal, Human Resources, Finance and Marketing, according to TKO they are overhauled with staff members in these sections.. hence the cuts.
In doing so, they are expected to save in the upwards of $100 million in the 2024 calendar year.
Will anymore wrestlers be in the firing line?
TKO have already been busy this year with the releases of high profile superstars such as..
Dolph Ziggler, Elias, Dana Brooke, Shelton Benjamin, Mustafa Ali and Matt Riddle.
