It was reported in the past that a lot of releases will be happening in WWE after the merger with UFC to form TKO Group Holdings.
As we reported before, these releases will begin today. The following message was sent internally in WWE yesterday:
“As part of WWE’s transition into the newly formed TKO Group Holdings, we are evaluating our existing operations and systems to identify potential synergies across the business. This effort includes workforce reductions, which will take place tomorrow.
Those whose roles have been impacted will be notified by our Human Resources Team, who will share the details of their severance package. We are asking that everyone work remotely, Friday September 15th, so we can insure all conversations are handled privately and respectfully. We’ll send out a company-wide email once all of tomorrow’s conversations have happened.
Our company is home to the most talented, creative, and hard-working employees in the world. WWE is a special place, which makes moments like this difficult. Just know that we have nothing but gratitude and admiration for everyone we have had the privilege to work alongside.
Thank you for all your contributions and dedication.”
In an update on this situation, the first two departures from today have now been confirmed by PWInsider:
1. Jamie Horowitz (Executive Vice President of Development and Digital) has been released from WWE. He joined WWE back in June 2021. Prior to WWE, he was the Executive Vice President of Global Content at DAZN. He was signed to the company by WWE President Nick Khan, which is why his release has been somewhat surprising backstage.
2. Catherine Newman (Executive Vice President and Head of Marketing) has been released from WWE. She joined the company in June 2022 and oversaw Marketing, Brand, Community Relations, Entertainment Relations, Creative Services and Photography. Prior to joining WWE, she worked as the Chief Marketing Officer for Manchester United Media.
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