Top WWE personality hints at "aggressive" cuts following Vince McMahon's return

WWE is one the road to Backlash!
WWE is one the road to Backlash!

WWE recently kickstarted a new era as the company's sale to Endeavor, the parent company of UFC, was made official. WWE CEO Nick Khan recently teased what the future would look like after the merger later this year, hinting at some budget cuts.

It was revealed earlier this month that Vince McMahon has agreed to sell the global juggernaut to Endeavor. It was also noted that the organization will merge with UFC later this year under a new parent company, with Endeavor holding a 51% controlling interest in that company.

Endeavor COO Shapiro hinted at layoffs following the announcement. Nick Khan from WWE also teased the same during a recent interview with LightShed Live:

"If you look at what Endeavor was able to take out, cost-wise, from UFC in 2016 or shortly after that deal was done, we have the same expectation here. We think 50 (million) is a really conservative number. We have integration teams now, we're going to get those in shape, I think we'll have a better sense of it in a month or two. We're going to be pretty aggressive with them to make sure that, for our shareholders and for our company, our organisation is as lean and mean as possible, and we're going to rely on the Endeavor flywheel to make up the rest."

New Champs in WWE! More RIGHT HERE


Nick Khan noted that the layoffs won't affect WWE programming

During the same interview, Nick Khan noted that the cuts are expected to affect office employees, and the decision regarding talent will be made by Triple H and Kevin Dunn:

"The most important thing is to leave the product untouched. Untouched, meaning, if Triple H and Kevin Dunn want to evolve it, great, but in terms of cutbacks there, that’s not what we’re looking to do." (H/T Sescoops)

Khan has already revealed that the creative power lies with Triple H. The WWE CEO added that Hunter can always ask Vince McMahon for his advice, or the latter can communicate with the 14-time world champion if he has certain pitches.

Quick Links

Edited by Rahul Madurawe
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