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Old 09-10-2020, 07:34 PM   #401
Slik
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That's too bad.
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Old 09-10-2020, 08:05 PM   #402
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More of Vince's old guard leaving is interesting.

Either that means Vince is getting closer to deciding when he wants to step down or things might get worse soon for WWE since his inner circle shrunk again and less people around to help keep him in check.
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Old 09-10-2020, 09:31 PM   #403
Conspiracy Victim Vito
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Sarah Stock who was furloughed earlier this year has been let go fully.
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Old 09-10-2020, 11:41 PM   #404
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xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)xrodmuc316 got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)
I get the cuts before, when at the start of everything and uncertainties with Covid.

Now though, after they did all those previous cuts and then had record profits last quarter, I just don't get it. They are guaranteed to make a profit even if they fire nobody.
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Old 09-11-2020, 01:25 AM   #405
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Maybe they don't fit WWE's scheme.
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Old 09-11-2020, 02:45 AM   #406
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Gonna be weird with Bray now that they canned his dad
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Old 09-11-2020, 03:36 AM   #407
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Weird like how he left his family for an early 20's ring announcer weird?
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Old 09-11-2020, 07:31 AM   #408
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Quote:
Originally Posted by xrodmuc316 View Post
I get the cuts before, when at the start of everything and uncertainties with Covid.

Now though, after they did all those previous cuts and then had record profits last quarter, I just don't get it. They are guaranteed to make a profit even if they fire nobody.
It's because Vince McMahon is a terrible person and there's no reason to think he'll ever change his ways.
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Old 09-11-2020, 02:25 PM   #409
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According to PWI, yesterday's wave of cuts was over 60 people in total and all from the staff side of the company.

Quote:
Originally Posted by PWI
While there were no talents released as part of yesterday's WWE cutbacks, there were quite a few employees let go from their positions.

One source believed there were over 60 staffers let go yesterday, many of whom were already furloughed or working in departments that aren't very active currently due to COVID-19, such as live events.

As PWInsider.com reported yesterday, Producers Mike Rotunda and Sarah Stock were among those departing the company.
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Old 09-13-2020, 05:23 PM   #410
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I don't think the releases are specifically about saving money. That's obviously a side effect that the WWE is happy about. I think it's more about them pulling up their conservative pants and serving a smokescreen in the business world because Vince wants to fit in with his rich buddies. He'll take the heat for publicly firing people during an epidemic. It means other companies with less secure structures can make cuts that are more important to them than the WWE's are to them.
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Old 09-14-2020, 02:40 PM   #411
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What a weird theory
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Old 09-14-2020, 02:46 PM   #412
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cuts are due to redundancy. without running 2 touring crews 300 days a year you simply dont need as many people.
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Old 09-14-2020, 03:33 PM   #413
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so the release are about saving money? are they saving money in the demo tho????


that's really the only place it actually matters.
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Old 09-14-2020, 04:02 PM   #414
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its not about saving money. its about not wasting money. prior you needed 3 guys doing the same job scattered about the country. you need 1 now. there's less work. this is pretty straight forward. there are fewer jobs.
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Old 09-14-2020, 04:15 PM   #415
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so they're saving some $$$
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Old 09-19-2020, 03:26 AM   #416
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According to PWI, seems the recent round of cutbacks was higher than previously assumed.

Both PWI and Observer initially reported it was in the 60-70 range with PWI reporting the low end and Observer reporting the high end.

Based on a recent update, the real number is currently believed to be even higher.

Quote:
Originally Posted by PWI
One WWE source informed PWInsider.com that they believed the recent cutbacks were actually 70+.
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Old 09-20-2020, 08:27 PM   #417
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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.

Quote:
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.
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.
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Old 09-25-2020, 03:02 AM   #418
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Destor's right. You can have personal feelings about that either way, but I don't think that posting record quarters or Triple H selling his stock has got shit to do with anything.
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