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Update On The Massive WWE Cuts Planned – The Company May Lay Off 10% Of Their Staff

WWE is expected to announce mass layoffs tomorrow or
Friday after they report their earnings for the second quarter, along with the
WWE Network subscriber numbers. The number going around is that ten percent of
the WWE staff will be let go. This could be due to the performance of the WWE
Network.

Usually when a company reports lower than expected
numbers they announce layoffs to prevent Wall Street from selling off the
stock.

There are many people who work in the office that are
extremely worried.

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