WWE News: Notes on WWE cutting staff
WWE slashing seven percent of its workforce led to a loss of roughly 60 jobs, according to WECT-TV in North Carolina. A WWE spokesperson told the television station that the job cuts impacted all business units and locations. Read the item at WECT.com.
Powell's POV: WWE announced their plan to cut seven percent of the staff during Thursday's quarterly conference call. I am actually surprised that they waited until after the the quarterly financial report was released. It had to be a stressful situation for the employees to hear about the plans for the cuts that morning and then wait to see if there name was called that day.
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