Update on expected WWE layoffs following the brand’s merger with UFC to create TKO

In August of 2023, there was said to be a “sense of doom and gloom” among some WWE employees heading into Endeavor’s merger of WWE and UFC into TKO.

On Thursday, WWE President Nick Khan sent out an e-mail to company employees. The e-mail stated that all employees are to work remotely tomorrow as post-Endeavor acquisition layoffs will begin. The reason for this is so human resources can handle the layoffs in a private manner.

Here is the full e-mail that was obtained by PWInsider.com…

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