Earlier today, it was announced during a conference call that WWE would be making some cuts in the wake of the coronavirus pandemic.
The company announced the releases of Karl Anderson, Luke Gallows, Drake Maverick, Curt Hawkins, EC3, Heath Slater, Eric Young and Lio Rush on Wednesday afternoon.
As previously reported, WWE sent out a press release stating there would be made changes made internally. WWE recently went through an extensive evaluation of operations due to COVID-19 “current government-mandated impacts” and “the media business generally.” The analysis resulted in the company taking several short-term cost reductions and cash flow improvement actions.
Some of those calls to action include:
– Reduction of executive and Board Member compensation
– A decrease in operating expenses
– Cutting talent expenses along with third-party staffing and consulting
– A delay of up to six months of the move to the new company HQ
List Of Producers:
Below is the full on today’s releases:
Drake Maverick, Curt Hawkins and other Superstars releasedWWE has come to terms on the release of Drake Maverick (James Curtin), Curt Hawkins (Brian Myers), Karl Anderson (Chad Allegra), Luke Gallows (Drew Hankinson), Heath Slater (Heath Miller), Eric Young (Jeremy Fritz), EC3 (Michael Hutter), Sarah Logan (Sarah Bridges) and Lio Rush (Lionel Green). We wish them all the best in their future endeavors
credit WWE & wrestlinginc.com