Source: Wrestling Observer NewsletterVince McMahon has reportedly ordered more major cuts for WWE.
Apparently the cutbacks are working as WWE's losses for this year won't be nearly as large as they were expecting just a month ago. The latest number going around is into eight-figures.
There continues to be a lot of fear within WWE that there are major cuts coming besides the talent cuts and some production cuts that have already been done.
As noted, the cuts are a result of WWE's new TV deal being announced and the increase in fees coming in much lower than WWE officials expected.
Subscribe to The Wrestling Observer by clicking here. Each issue has coverage and analysis of all the major news, plus history pieces. New subscribers can also receive free classic issues.
Got a news tip or correction? Send it to us by clicking here.
Short URL: http://goo.gl/mwD0ub
Possible Match For Monday's RAW, Triple H Hangs With Famous Strongman At NXT, Outside Intruders
UFC 187 Preview: Two Title Fights, Ten Top-5 Fighters, Weidman Vs. Belfort, Cormier Vs. Johnson
UFC Announces Former Heavyweight Champion To Be Inducted Into 2015 Hall Of Fame
Lana Tries To Assist Rusev At WWE Live Event, Update On New Angle With Lana And Dolph Ziggler
Backstage News On Samoa Joe's WWE Contract, Injured WWE Superstar Grows A Beard, Sami Zayn
Sunny Comments On Vivid Adult Film Talks, Artwork For WWE's DVD On The Kliq Revealed, The Rock
Daniel Bryan Sneak Peek Airing After RAW, Why Corey Graves Is In Las Vegas, Charlotte, Samoa Joe
** SPOILERS ** WWE NXT Taping Results For The Next Four Weeks (With Photos)
CM Punk Posts Light Hearted Tweet About Wrestling Again, Promoter Wants To Book Samoa Joe Vs. Punk
Details On Samoa Joe's NXT Deal, Jerry Lawler Featured On Last Letterman Episode, Stars At NXT
TNA Announcer Blasts WWE Hypocrisy After Samoa Joe Debut, TNA Live Event Tickets, Slammiversary
Backstage News On Samoa Joe's WWE Status, Joe Still Working Indie Tournament, New Comments