According to a report from Brandon Thurston of Wrestlenomics, WWE granted several employees a stock award. Earlier today, numerous employees received a $3,000 stock award. While all employees did not receive the award, “a large number” did. The stock units will vest next month.
The news comes after many corporate employees were told last week that there is a freeze on promotions and raises.
WWE employees have been given a stock award valued at $3,000, according multiple sources in the company. Not every employee received the award but a large number. The stock units vest next month.
Employees learned on Friday that salary raises and promotions were put on hold.
— Brandon Thurston (@BrandonThurston) February 18, 2021
WWE media relations did not immediately respond to a request for comment.
Many employees were upset about the freeze on raises and promotions, as noted in my story on Tuesday.https://t.co/rMoIzB0Z3i
— Brandon Thurston (@BrandonThurston) February 18, 2021