WWE’s top executive is one of the names that the company was given up today.
Pwinsider reports that the wrestling organization saw cuts in several different divisions on Thursday, May 1. The list includes people who are being let go of departments like creative services and photography.
According to her LinkedIn profile, the biggest name to leave the company is Christine Lubrano.
These cuts come just a few days from WrestleMania 41 from Las Vegas. This was one of the biggest events in the company’s history. An official press release sent after the mania claimed that the event attracted 124,693 fans to Allegiant Stadium over two nights, creating the biggest gate in WWE history.
They also touted a significant increase in other revenue streams, including an increase of over 45% in on-site product sales last year, and a 75% increase in hospitality sales and packaging.
For now, there is no news about reducing the talent aspect. Generally, officials are spacing the releases of the screen performers above instead of having them batched like previous executives. Just this year they chose not to renew contracts with amazing names like Sonya Deville and Carmella. I will continue to post updates about the latest cuts.
