Source: The Wrestling Observer
UPDATE x 2: The 7% staff cuts meant that fifty-five people
lost their jobs at the company today.
UPDATE:Vince McMahon has sent an email to WWE employees
saying that today’s staff cuts are complete.
ORIGINAL: For those who missed it buried in the conference
call report and flurry of WWE financial posts, Vince McMahon confirmed during
WWE’s conference call today that the company will be cutting 7% of its
staff.