Source: Wrestling Observer Newsletter

- The final issue of WWE Magazine will be the October issue, which hits newsstands on September 16th. The magazine could possible continue with an outside publisher but WWE itself will no longer be producing it.

- We noted earlier today that WWE is planning a 7% decrease in staff as part of the ongoing budget cuts. According to The Wrestling Observer, reportedly around 55 people were let go from WWE headquarters today.

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Rachel Miller and The GOAT contributed to this article. Got a news tip or correction? Send it to us by clicking here.