Pay cuts continue for WWE employees.
Recently, it was reported that WWE officials were informed that more cost-cutting measures would be on the horizon and that they may be seeing a pay cut.
Now, a new report from Dave Meltzer of the Wrestling Observer Newsletter says that referees and producers have faced a 20% pay cut. Fightful has also been able to confirm that referees have faced a cut in pay.
These cuts are in the name of cost-effectiveness following the Coronavirus pandemic that has been plaguing the globe. Back in mid-April, WWE released several Superstars, including longtime referee, Mike Chioda, as well as furloughing several producers also in the name of cost-effectiveness due to the economic effect of depend on the pandemic.
However, while Superstars may be released, WWE has not cut the pay of any Superstars still with the company as of yet. According to Dave Meltzer, this is because should they receive a pay cut, they would be deemed free agents and can be picked up by All Elite Wrestling or any other wrestling organization.
Many of the superstars that have been let go are already beginning to find their footing outside of WWE. For example, Deonna Purrazzo is already signed to appear on IMPACT Wrestling television. Learn more about that here.
