WWE has released over 100 talents, employees, and personnel as a result of the coronavirus outbreak. Now, F4WOnline’s Dave Meltzer has responded to a rumor online that the WWE’s cuts are saving them $4 million.
Meltzer clarified that the talent cuts are saving WWE $703,000 per month. The $4 million in savings includes all expenses cut by the company, including the delay of their move into their new Stamford headquarters. On Wrestling Observer Radio, Meltzer added that WWE had been stockpiling talent to avoid them going to All Elite Wrestling (AEW).
However, given the economic climate at the moment, they felt comfortable releasing everyone now, expecting AEW won’t hire many people at the moment.
“The talent cuts will save them about $703,000 per month, $4 million includes all expenses cut including expenses of moving into a new office.”
The talent cuts will save them about $703,000 per month, $4 million includes all expenses cut including expenses of moving into a new office. https://t.co/5AD9Eie1mc
— Dave Meltzer (@davemeltzerWON) April 16, 2020
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