Report: WWE employee morale has declined following the company’s merger with TKO
According to Brandon Thurston of Wrestlenomics.com, morale has declined for multiple WWE employees in recent months as there are claims of reduced benefits and fewer promotions than expected following the company’s merger with TKO. Furthermore, workloads have reportedly gotten heavier as the company integrates with UFC.
Thurston wrote the following…
“Employees also pointed to a growing disconnect between corporate messaging and their daily experiences. While WWE management has emphasized the value of its workforce at town hall meetings, multiple staff said they feel increasingly undervalued.”
Thurston added that there was a removal of the “WWE Superstar” program – a peer-recognition initiative that allowed employees to reward each other with points redeemable for cash bonuses, gift cards, or experiences. In addition to that, WWE eliminated the complimentary live event tickets perk for employees.
Kendall Jenkins of PWInsider.com provided additional details about Thurston’s report…
“The Wrestlenomics report also cited something that PWInsider.com independently can confirm – that there are WWE HQ employees who have grown increasingly upset hearing how great the company is doing, but at the same time, find themselves with limited raises and bonuses alongside greater day to day responsibilities. The end of program allowing employees to buy WWE stock at a discount has also ‘poked holes’ in employee morale.”