All-Purpose News Thread Part II

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And the " firings " have already started. :nod:

from today's pwinsider.com:

WWE President Nick Khan issued a memo today to employees announcing that at the end of the month, WWE's Chief Financial Officer & Chief Administrative Officer Frank A. Riddick will be departing the company. This would be the first known exit of a WWE executive after Endeavor acquired WWE and merged it with UFC under new parent company TKO Holdings. Riddick had been on the WWE Board of Directors over 13 years and reported directly to Vince McMahon pre-Endeavor.
 
No Rumble for me this year, then! If it was on the west coast I'd probably go as I'm heading to Phoenix at the end of January for a golf trip.
 
Layoffs of office workers in the new TKO expected to start tomorrow.
from today's pwinsider.com:

An internal e-mail was sent out this morning from Nick Khan to all WWE employees that massive “ workforce reductions ” will begin tomorrow, and that those affected will be contacted by HR.


EDIT: PWInsider just posted the actual e-mail from Khan.


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
 
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Give Rhea the Roman Reigns treatment with the belt. She has no peer in the division currently. Having her job to Nia would make me lose interest completely in the women's division.
 
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