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WWE on a firing spree amidst the coronavirus outbreak as Rusev, Kurt Angle, Drake Maverick & more are released
In a shocking move by WWE, the wrestling company released around 20 active employees amidst the coronavirus outbreak. Moreover, in a statement on their controversial action, the company shared, "The Company's reductions of employee compensation and headcount result in an estimated monthly savings of $4 million along with cash flow improvement of $140 million primarily from the deferral in spending on the Company's new headquarters." To say that it's one of the darkest periods in WWE history would surely be an understatement!
