WWE Usain Professional Wrestling officially announced a large-scale layoff, which is another large-scale layoff after a decade, this time saving $4 million and boosting cash flow by more than 100 million yuan. Meanwhile, despite the covid-19 pandemic, WWE has gone awry, cutting jobs and resuming recording of matches, supported by the U.S. governor, who said WWE wrestling and hospitals were indispensable.
Ten years later, WWE once again laid off a large number of employees in a single day, and laid off more than 60 people in a single day
This large-scale layoff at WWE is inevitable in the eyes of many people, facing the impact of the new crown pneumonia epidemic, the vast majority of sports individual organizations or events have been affected, club players, sports association executives consciously cut salaries, through this way to tide over the difficulties.
WWE said in a statement that in order to minimize the impact of the epidemic, the company has made the following countermeasures: reducing the compensation of executive directors and board members; reducing operating expenses; cutting talent expenses, third-party personnel expenses; postponing the construction of the company's new headquarters for six months; immediately firing some employees, and temporarily taking some employees off. The above series of measures resulted in wWE savings of $4 million per month in budget savings and $140 million in cash flow improvements.
According to the WWE official list, the most unexpected dismissal is Kurt Angel, who is a member of the 2017 Hall of Fame, has a strong appeal in the United States, and Kurt Angel, who once won the wrestling gold medal at the 1996 Atlanta Olympic Games, was called "American Hero" by fans, and this time he was cut by WWE, which was really unexpected.
In addition, invincible Jose, Carl Anderson, Aiden Ingri, Drake Maywick, Ruthef, Cologne Brothers, Mike Kennelly and other players have also become the target of the cut.
Throughout the wrestling industry, the annual frenzy of the competition is followed by a period of frequent layoffs, and the targets of layoffs are third-line players who basically do not appear on the show, as well as players whose contracts are about to expire without renewal.
WWE's last major layoffs were a decade ago, when the company laid off 10 percent of its employees, including many office staff, network and television employees in addition to those who did not fit in. According to foreign media reports, at that time, WWE laid off up to more than 60 people in a single day. Chinese players Gu Guangming and Zheda have also been ruthlessly fired by WWE.
While layoffs and resuming, WWE retrograde during the epidemic was supported by the US governor
Affected by the new crown pneumonia epidemic, WWE's layoffs are quite helpless, just to minimize the loss, but this is far from enough, because WWE wrestling is deeply rooted in the hearts of the United States and is a spiritual necessity for people. During the extraordinary period, WWE went crazy and tried to resume the wrestling show, a move that was supported by the governor of Florida.
Florida Governor Ron de Santis recently said that WWE wrestling occupies a very important position in Florida, and this show has become as indispensable to the local people as hospitals and food. Today, live WWE wrestling has become a "basic service" in the daily lives of Florida people.
Ron de Santis introduced that recording of the WWE wrestling show will resume on Monday local time, and he will take all necessary precautions to ensure the health of players and employees. WWE thanked Florida for its support: "We believe that now more than ever, WWE programs are needed to provide entertainment and spiritual enjoyment to some citizens in difficult times. ”
In a statement sent to the media, WWE said: "We record the show in a closed environment in accordance with the guidelines of the relevant departments, and although there is no audience on the spot, we will take precautions to ensure the health of performers and employees." As a brand that has been integrated into society, WWE will do its best to bring joy, hope and motivation to the people of the United States. ”