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Word To Word Transcript Of What Vince McMahon Said To WWE Wrestlers Before Releasing Them

Vince McMahon WWF Champion

• ON THIS DAY IN WWF HISTORY (April 16, 1988) – WWF Superstars of Wrestling

On this day in 1988, the World Wrestling Federation aired an episode of their weekly TV show ‘WWF Superstars of Wrestling’.

This episode was pre-taped at the Show-Me Center in Cape Girardeau, Missouri and featured matches, promos & storyline segments on the road to the ‘WWF SummerSlam 1988’ PPV.

The card can be found right here:

1. Ravishing Rick Rude vs. Reno Riggins

2. Hacksaw Jim Duggan vs. Pete Sanchez

3. The Honky Tonk Man vs. Omar Atlas

4. The British Bulldogs vs. Barry Horowitz & Dusty Wolfe

5. Bad News Brown vs. Jim Evans

6. Koko B. Ware vs. Tom Stone

• Word To Word Transcript Of What Vince McMahon Said To WWE Wrestlers Before Releasing Them

Fightful has released the transcript of what Vince McMahon said to WWE employees on a conference call yesterday before employees were released.

You can read it below:

“Thank you all for joining me today. First and foremost, I hope that you and your families are safe.

What we’re going through today is unprecedented, and there’s no doubt these are challenging times for everyone. Given the adverse effects of the Coronavirus and the resulting financial recession, WWE, like so many companies have to decrease operating expenses.

Effective immediately, we are reducing executive and board member compensation, decreasing talent expenses, cutting third party staffing and consulting, and improving our cash flow by delaying the production of our new headquarters for at least six months.

Despite all these measures, given the uncertainty we are facing today, unfortunately, we have to temporarily reduce head count. As such, a number of WWE employees will be furloughed from the company today.

At the close of my remarks, employees will receive a communication detailing their individual situations. More specifically, those impacted by the furloughs will receive a text message from Human Resources with specific information for their next steps.

These are not easy decisions, but reflect the reality of the environment we’re working in today. We live in a world of troubled times. I’m confident as a company, and most importantly, confident in you as individual employees, will pull through these tough times and come back to work and make life better than it’s ever been. Thank you.”

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