55 people axed from WWE headquarters owing to budget cut

WWE, in a move to reduce it’s budget fires 55 staff from its headquarters

In a process of ongoing budget cut, WWE has reportedly let go 55 people from the WWE headquarters today.

According to reports,the final issue of WWE magazine is believed to be the October issue, which would hit the streets on September 16th as WWE has planned to reduce its expenditure and decide to review its profit share.

WWE has planned a 7% decrease in staff, the WWE magazine could still run by an outsider rather than WWE taking its ownership.