As we reported earlier today here on eWn, there were multiple WWE corporate layoffs that took place in Stamford, CT.
According to a report from Brandon Thurston of Wrestlenomics, the layoffs involved the finance, sales and partnerships, human relations, and production departments.
Several Senior Vice Presidents were also let go, including the following names:
* Michael Weitz (SVP, Financial Planning)
* Craig Stimmel (Head of Global Sales and Partnerships)
* Karen Mullane (Controller and Chief Accounting Officer)
* Stewart Frey (SVP, Streaming Technology)
* Matt Geyer (SVP, Gaming)
WWE NXT backstage interviewer McKenzie Mitchell was also released from the company on Friday. While it remains to be seen whether additional talent cuts are coming, the releases usually begin at the corporate level and then the talent cuts are not far behind.
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In a recent development, WWE (World Wrestling Entertainment) has undergone corporate layoffs in Stamford, CT. The layoffs have affected various departments, including finance, sales and partnerships, human relations, and production. This news comes as a surprise to many, as WWE is a globally recognized brand in the world of professional wrestling.
According to a report by Brandon Thurston of Wrestlenomics, several Senior Vice Presidents were among those let go. Michael Weitz, the Senior Vice President of Financial Planning, Craig Stimmel, the Head of Global Sales and Partnerships, Karen Mullane, the Controller and Chief Accounting Officer, Stewart Frey, the Senior Vice President of Streaming Technology, and Matt Geyer, the Senior Vice President of Gaming, are some of the notable names affected by the layoffs.
Additionally, WWE NXT backstage interviewer McKenzie Mitchell was also released from the company on Friday. This news has raised concerns among fans and insiders about potential talent cuts in the near future. Historically, corporate layoffs have often been followed by talent cuts within the company.
As the situation unfolds, it is crucial to stay updated with the latest wrestling news. Websites like eWrestlingNews.com provide comprehensive coverage of all things wrestling. They offer news articles, analysis, and insights into the world of professional wrestling. Additionally, you can follow them on social media platforms like Twitter and Facebook to stay connected and receive timely updates.
The WWE corporate layoffs highlight the challenges faced by companies in the entertainment industry. As businesses evolve and adapt to changing market dynamics, restructuring becomes a necessary step to ensure long-term sustainability. While it is unfortunate to see individuals lose their jobs, it is essential for companies to make strategic decisions that align with their goals and objectives.
As fans and supporters of WWE, it is important to show empathy towards those affected by the layoffs. Many of these individuals have dedicated their time and efforts to contribute to the success of the company. By staying informed and engaged, we can continue to support the wrestling industry and its talented individuals during these challenging times.
In conclusion, the recent WWE corporate layoffs have impacted various departments within the company. Senior Vice Presidents and other employees have been let go, raising concerns about potential talent cuts in the future. It is crucial for fans to stay updated with reliable sources of wrestling news and show support for those affected by these changes.