Fightful had an update regarding the cost cutting measures going on in WWE despite the company posting their most profitable quarters ever even with the coronavirus pandemic ravaging their original fiscal plans.
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Originally Posted by Fightful
Gerald Brisco revealed that he'd been let go by WWE. He was furloughed earlier this year.
Fightful reached out to Gerald Brisco, who said he's going to take some time to himself before speaking further on the matter. Many of the furloughed names were outright let go a little over a month ago as well.
The extreme cutbacks in WWE this year have led to many situations where salaries were decreased by tens of thousands of dollars even for non-wrestlers, and spots that would have many people performing the duties have one or two people. There are also understudies being groomed for many spots in case someone gets sick.
WWE is prepping several departments on the outright cuts and what that will mean for them.
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Meanwhile those in upper management have been making out big time with their stock sales during this year. Triple H alone made around $1 million just from his last stock sale.
09-20-2020, 08:27 PM
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