WWE Spokesman Comments On 60 WWE Employees Losing Their Jobs This Week

Mainstream media outlets have been reporting on the fallout from WWE’s earnings call on Thursday, covering the story that WWE has released seven percent of their staff.

CNN Money has an article with quotes from a WWE spokesman who noted that the job cuts will impact all of WWE’s business units and locations. The spokesman also confirmed that approximately 60 jobs were lost on Thursday, as WWE’s total employee count is at around 850 people.

Check out the complete article at Money.CNN.com.

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  • Matt Boone

    Matt Boone has been a huge wrestling fan since the Attitude Era. He writes for MMANews.com and 24Wrestling.com

    • Dixie Carter

      You have to cut the cost eventually when you produce shows like NXT which draws 11 viewers and have many other shows which do not perform well.

      • Jerry

        You have confused the number of people watching NXT with the live crowd at Impact.

        • http://www.sescoops.com Undertaker316
          • “The Original” Kermit The Frog

            But he’s not a rapper lol

          • ibeBrave

            LOL. HAHAHAHAHA

          • ibeBrave

            LOL. use this gif every time someone gets owned on here please lol

        • Dixie Carter

          I wonder how? I got an email from a WWE insider who said WWE was making it a requirment to bring your friends and family down to the NXT bingo hall for TV. They played bingo after it with the jobbers and the staffs grannies who sat through that garbage.

      • Timmy

        WWE take notes! Dixie is a pro when it comes to managing a company on a $50 budget per show and having a crowd of, what did you say? Oh yeah 11.

        • brad

          Yeah she really knows how to not sell out a house.

        • Dixie Carter

          Especially people should take notes. If I can run a major prestigious wrestling company on $50 then I deserve all the credit I get. What is WWE spending? 300k to broadcast Smackdown then another 20k to dub the crowds and photoshop extra people into the audience and re-do the announcing.

          Honestly I should start writing “Dixie Carter: How to be successful” NY future #1 times best seller

      • Kevin G. Wolfe

        That’s still ten more than Impact has.

    • ibeBrave

      I bet some of the people who’ve been released, will get their jobs back by next year once wwe makes their Money back. Hopefully Drew gets a new deal with wwe.

      • Fantasma Del Guapo

        ‘[…]once wwe makes their Money black.’

        Well now! That…that sounds like a big goal!

        • ibeBrave

          Oh shiyatttt lololol let me just edit that real quick.

    • pwnez

      It’s scary to think that many people can lose their jobs that quickly. I agree with what others have said; how about the higher paid executives take a pay cut?

      • Flying Hippo

        This is nothing, Microsoft cut an entire division and now 500k people are fired

        • pwnez

          Even so, it’s ashame to hear about all those people who are now without jobs.

          • Flying Hippo

            Oh yeah it’s awful and I feel bad for all those people. It’s just annoying companies can just mishandle certain things and just cut tons of people like it’s nothing

            • http://www.apaeattire.com/ Bo > You

              maybe if you ever ran a multi million $$ company you might see it different.

            • Travis

              I agree. Even having been in charge of a small company of usually around 60 employees and cutting 10-15 due to downsizing that branch, it’s a difficult thing to do and it’s not fun for anybody but it’s how business works. Yes, it’s easy for me to say when I still have a job and had to be the person to let people go but it wasn’t fun for me to do at all. If this happens to me, say my entire branch is cut, I would be understandably upset but I’d hope I’d accept it’s just business, thank them for the opportunities and experience I’ve gained and look for another job.

        • krakeon

          wow that’s amazing, they fired 400k more people than worked for them in the first place?

    • Triple H’s Shovel

      They should replace Smackdown with NXT. The Smackdown name is out dated these days and is obviously no longer treated the same as Raw. They have NXT only on WWE Network now so you would think the production costs of the show would be hurting any income from the Network.

      • Big c

        Raws name is more outdated than smackdowns.

      • http://www.sescoops.com Undertaker316

        if nxt moves to national tv that idiot kevin dunn and vince mcmahon with sh it on it and turn it into garbage nxt is better off on the wwe network under the control of triple h

    • satishwarne708

      I hope all the writers are out!

    • tnicols

      here is an idea; fire kevin dunn; and hire jim cornette !!!!!!!!!!!!!

    • Stephen

      WWE employs 850 people. That does not count performers because they are contractors. So what do all these people do? Design posters?
      Comparatively, wasn’t it Sears and Best Buy that cut more than 1,500 jobs combined this past January? They fired the entire WWE twice.

    • Yuppers

      The problem is WWE made the wrong gamble on the network. They should have never signed that new TV deal… Raw and Smackdown need to be on the Network only. That should have been the big gamble, the big risk…but guess what, Vince didn’t wanna go big and risk it all, instead he played it safe. Subscribers will come knowing they can’t get their wrestling fix for free during the weeks. WWE is forgetting their own product… it’s sometimes very casual viewing, especially nowadays in the PG era… you can watch Raw once and not watch it for 3 weeks and not even care, because you don’t miss much with the decisions being made every week.

      Keep going after those 4-5 million viewers and give them a reason to get the network. Their marketing of the network and Vince’s play it safe attitude has gotten them in this mess to begin with.