Vince McMahonIts comeback campaign claimed nothing would change, but there’s another example of that not happening.
McMahon returns WWEIts board of directors earlier this month, less than six months after he retired in July last year.
The 77-year-old billionaire has replaced his daughter Stephanie as executive chairman of WWE.
Cutting is cutting
From 2020 until McMahon’s departure in 2022, WWE has seen massive cuts to both the on-screen talent and those working behind the scenes.
Sources spoke to Shawn Ross Sapp of Fightful Select confirmed that the company is now going through office cuts.
Previous releases have always been described as “budget cuts” by WWE, but no explanation has been given for this latest wave of layoffs.
There is currently no confirmation on how many names will be cut or who have been released from promotion.
What is genius next?
Sapp’s report clarifies that these current cuts are only for office workers, but many believe a talent release is coming.
Earlier this month on Wrestling Observer Radio, Dave Meltzer noted that Pratibha is worried That Vince McMahon’s return would see more massive cuts.
While cutting talent, it has been suggested that WWE is trying to ‘trim the fat’ and increase its profits to appear more attractive to potential buyers.
WWE oversees the sale of McMahon’s return promotion, with Comcast, Fox, Netflix and the Saudi Arabian PIF being considered as possible buyers.