Last month, WWE made headlines when they laid off a ton of talent, and furloughed quite a bit of their employees in response to the economic impact of the COVID-19 pandemic. Of course, WWE isn’t the only company facing financial hardship during these difficult times. Bushiroad, the parent company of both New Japan Pro Wrestling (NJPW) and STARDOM is also facing hurdles.
According to a report from the Wrestling Observer Newsletter, for now, Bushiroad will not be letting anyone go. It was announced on May 27 that Bushiroad directors and their group companies would take pay cuts anywhere from 15% to 19%, depending on the person. These pay cuts will take place from May through September. After that, they will return to their regular pay. All companies within the group are cutting expenses in regards to advertising and promotion. Employee salaries and bonuses will also face cuts.