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HomeMoreWWEWWE's lay-off spree sees 60 releases so far this week

WWE’s lay-off spree sees 60 releases so far this week

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WWE seems to be on a rampage of cutting force, as reportedly more than 60 employees of the company have been released in the last few days.

WWE

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The employees now released are mostly backstage workers and office employees, most of whom were furloughed during the infamous mass release a few months back. While some of them has returned to work for the company, WWE has now decided to release a lot of furloughed employees.

The live events and travel departments were hit hardest in the most recent set of releases. As live events are virtually nonexistent under the pandemic situation, and the company reportedly has plans to no longer engage in such events, they did not need these employees anymore.

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Interestingly, it has been reported that WWE actually lost a lot of money through their live event schedule and their nonexistence has been a large reason behind the massive profit declared by the company last quarter.

Gerald Brisco Is The Most Shocking recent release by WWE

Confirmed releases includes Anthony Benigno who worked as a stock writer for the company and producer Sarah Stock. Former wrestler Mike Rotunda, better known by his ring name Irwin R Schyster, or the abbreviated IRS, has been cut off as well. His sons Bo Dallas and ‘The Fiend’ Bray Wyatt continue to work for the company.

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The biggest release has to be that of Gerald Brisco. Brisco, who has appeared onstage as a featured character and off stage as an important company man, had been a part of the company for a whopping 36 years! Behind the scenes, he worked as a talent scout and brought many a talent who later became successful in WWE.

This news comes within Forbes list of the 400 richest Americans, in which Vince McMahon, a regular member, was left off. Amongst reasons provided by Forbes was the mass release of employees.

Otis, one-half of the tag team Heavy Machinery and the current Mr Money In The Bank posted a heartfelt tweet expressing sadness at the release of Gerard Brisco, saying that he loves Brisco and will forever be a Brisco Boy.

 

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AEW newcomer Ricky Starks names his dream WWE opponent!

 

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