WWE Continues To Cut Costs In Response To COVID-19 Affecting Business

According to PW Insider, WWE has continued cutting back to the pay of executives in response to the COVID-19 pandemic. Reports are that the company informed officials over the last 48 hours that their pay would be reduced. This comes after more talents and staff were furloughed from work across all brands, including NXT UK announcer Nigel McGuinness. WWE had previously stated they hope to have all furloughed employees back by July, but that is pending on what happens with the virus going forward.

Stay tuned.

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