More On WWE’s Budget Cuts & Major Internal Fear, More

— The WWE stock increase by .34 cents yesterday is being attributed to the WWE releases that took place last Thursday. As reported earlier, several creative team releases also took place last week and there are expected to be developmental cuts in the very near future. WWE shareholders apparently see this as a good sign as the company continues to cut costs in all areas. As noted earlier, there are a lot of worried people in WWE right now as more cuts are definitely on the way.

— As noted earlier here on the website, the AXXESS festivities have been dropped from this year’s WWE SummerSlam pay-per-view in Los Angeles. According to sources, the decision to drop AXXESS was made back in January and is not part of the budget cuts.

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