A report has revealed that there have been more cuts in WWE across different departments of the corporate side of the company.
Further to previous reports that WWE is performing office cuts, Dave Meltzer has provided further insight.
In the current Wrestling Observer Newsletter (subscription required), Meltzer writes:
“There have been a lot more cuts on the corporate side in the past few weeks in different departments since the return of Vince McMahon.
“The belief is that these cuts are being made to lower the costs to get the company ready for a sale.
“Matthew Drew, who was the Senior Vice President of International, was the biggest name let go. He came from DAZN in June 2021 which means he was a Nick Khan hire, since Khan hired a number of people from DAZN in 2021. His job included managing global media partners, devising international strategy for overseas live events, digital, consumer products and new revenue opportunities.”
It was recently revealed that the WWE Executive Chairman would step down from WWE if the company is sold and it would benefit the shareholders.
Vince McMahon didn’t speak on the fourth quarter and end of year earnings call that took place on February 2.
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