WWE and UFC are merging and that could change a lot with the world. Now, we will have to look at the future and see exactly what the two companies will do after that groundbreaking announcement.
During recent episode of 83 Weeks, Eric Bischoff brought up Endeavor’s merger of the UFC and WWE and how he believes everything will play out internally. Obviously, a merger will bring cost-cutting measures to reduce redundancies.
“Will there be cost cuts? Of course there will, because there’s a lot of duplication.”
“This is a guess, I suspect that there’ll be more layoffs … within UFC than there probably will be in WWE. I say that because WWE is a very sophisticated, mature business compared to UFC.”
Eric Bischoff went on to say that, “[WWE is] probably as sophisticated as any other media company out there, including Disney and some of the other ones.”
Eric Bischoff later went on to speak on this situation a bit more, and he also believes that UFC will see a lot more firings than WWE due to the merger. “I think there’s going to be layoffs — I know there will be — but I think the majority of them are going to come on the UFC side as opposed to the WWE side. I’d be more concerned if I was working for UFC right now, than if I was working for WWE.”
We will have to see how this shake-up changes UFC and WWE’s corporate landscape. Obviously, there are a lot of moving pieces to put together, but they have time before the TKO stock goes live on Wall Street.
What’s your take on this upcoming merger for the UFC and WWE? Are you excited about future possibilities? Sound off in the comments!