Source: The Wrestling Observer
UPDATE 2: The 7% staff cuts meant that fifty-five people lost their jobs at the company today.
UPDATE:Vince McMahon has sent an email to WWE employees saying that today’s staff cuts are complete.
ORIGINAL: For those who missed it buried in the conference call report and flurry of WWE financial posts, Vince McMahon confirmed during WWE’s conference call today that the company will be cutting 7% of its staff.
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