Update: They are making huge budge cuts across the job. Click here to find out how many employees are set to lose their jobs.
Original: The novel coronavirus caused WWE to go into disaster mode. The company is making a ton of cuts and that will include talent.
PW Insider reports that Vince McMahon announced that the talent roster will receive cutbacks along with other employees. The overhead cost must be cut during these current circumstances.
McMahon also stated they would be cutting the talent roster and overall head count of employees.
It is reported that some employees will go on furlough. Others will lose their jobs completely. Employees were told that they should receive individual text messages to know what to expect going forward.
What do you think about this situation? Will WWE be able to recover? Sound off in the comments below!