Big Update On WWE Cuts; Details Inside

Credit: PWInsider.com

- A number of office employees were laid off by WWE last week. As previously reported, it's also expected that some wrestlers will be released from the roster soon.

- Hearing that news isn't exactly going to boost morale considering WWE is headed to Japan and Korea for their tour soon.

- It's thought that the reasoning behind the move is to make sure the company is kept profitable. When WWE moves to the USA Network this October, they will lose revenue as they are getting the rights for a reduced rate and WWE are also releasing advertising sales to the network.