5 Most bizarre things about the WWE release spree in 2021

Vince McMahon at Money in the Bank 2020
Vince McMahon at Money in the Bank 2020

#1 The fact that WWE did the same thing exactly a year later

Vince McMahon
Vince McMahon

The term "Black Wednesday" is a familiar one for WWE fans. It was perhaps one of the most unfortunate days in the company's history in the last few decades. After the COVID-19 pandemic hit, WWE only took a month to begin a mass release of talent, backstage employees, as well as people working in the offices.

WWE reportedly saved $32 million from the cost-cutting measure in 2020, but it was deemed a horrible move and fans lashed out at the company and their decision to fire employees right at the start of a pandemic.

It's believed that despite the cost-cutting measures, WWE could have retained every employee while still pocketing a big (but reduced) profit.

The fact that the new set of releases happened on the same day is scary, and it seemingly sets a scary precedent for any employee working in WWE - whether it's on camera, backstage, or in the corporate headquarters.

Will April 15th continue to be a dark day in WWE annually?

Quick Links

Edited by Alan John
sk promotional banner
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications