F4WOnline verified a report from SEScoops.com earlier today stating that the budget at NXT has been slashed (production, post-production) as part of WWE's ongoing cost cutting measures. WWE is evaluating the NXT roster this week and will be releasing talent over the next month. WWE is staggering the cuts so as to not alarm Wall Street.
With huge losses this year, WWE is looking to cut costs wherever possible. Just last week the company released eleven talents.