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Post by Yambag Jones on Apr 15, 2020 14:13:08 GMT -5
Because WWE doesn't need to lay people off unless their tv or blood money revenue isn't coming in. Their production costs are at an all time low, so unless they're releasing people who asked to be released it's a really sh*tty move. They could potentially lose their current TV deal if they do not produce enough live shows. You have no idea what goes into their day-to-day business. No one knows how long this could last. They, as a business, need to prepare for the worst. It definitely sucks for the talent, but it was going to happen eventually. But they didn't lose their deal. They're cutting costs when they don't need to.
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Post by A-Rob on Apr 15, 2020 14:13:19 GMT -5
So much for stockpiling talent, what a terrible day. After this is over i bet some people will be brought back but others are probably happy to have been released.
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voicesinmyhead
Main Eventer
Joined on: Mar 4, 2009 19:21:00 GMT -5
Posts: 1,592
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Post by voicesinmyhead on Apr 15, 2020 14:13:32 GMT -5
There's no way to look at this without a level of suspicion. Yes, it is a business. But the fact they've donated to politicians a few days ago, then deemed an essential service, only to go on to mass firings/layoffs, looks bad on paper any way you slice it. It's a lot of smoke. WWE has needed to clear house for years now and this is going to end up a huge positive for the wrestling business. It's a shame it has to come with such seemingly shady and nefarious means though. I think there's a bigger story here than just cutting talent and furloughing staff and crew. Yeah the bigger story is called the Coronavirus and its lasting impact on businesses and people.
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voicesinmyhead
Main Eventer
Joined on: Mar 4, 2009 19:21:00 GMT -5
Posts: 1,592
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Post by voicesinmyhead on Apr 15, 2020 14:14:01 GMT -5
So much for getting a figure of her Maria is not stated yet.
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Post by Decky on Apr 15, 2020 14:14:26 GMT -5
So much for getting a figure of her Thats the spirit! lol
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Post by Jeremiah on Apr 15, 2020 14:15:43 GMT -5
So far just mike. On wwe and he had a chade basic set coming soon
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Post by Yambag Jones on Apr 15, 2020 14:15:54 GMT -5
I think there's a bigger story here than just cutting talent and furloughing staff and crew. Yeah the bigger story is called the Coronavirus and its lasting impact on businesses and people. For real dude, look at their very public and easy to find financials and THEN tell me why these firings and furloughs are necessary.
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Deleted
Joined on: Nov 16, 2024 23:22:13 GMT -5
Posts: 0
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Post by Deleted on Apr 15, 2020 14:16:55 GMT -5
And there's Maria lol.
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Post by HandsomeHollywood on Apr 15, 2020 14:18:12 GMT -5
Yeah the bigger story is called the Coronavirus and its lasting impact on businesses and people. For real dude, look at their very public and easy to find financials and THEN tell me why these firings and furloughs are necessary. You both have a point. On one hand we're living in very uncertain times and WWE is indeed a business that needs to prepare for the worst. On the other hand, let's not pretend WWE is a struggling small business needing to cut things to keep the lights on.
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voicesinmyhead
Main Eventer
Joined on: Mar 4, 2009 19:21:00 GMT -5
Posts: 1,592
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Post by voicesinmyhead on Apr 15, 2020 14:18:18 GMT -5
Yeah the bigger story is called the Coronavirus and its lasting impact on businesses and people. For real dude, look at their very public and easy to find financials and THEN tell me why these firings and furloughs are necessary. I do not know why you need justification? You do not run this business. Do you not want to be a fan anymore because they let Primo and Epico go? No one is making you watch.
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Post by Decky on Apr 15, 2020 14:18:31 GMT -5
So much for getting a figure of her Maria is not stated yet. She has indeed been announced unfortunately.
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Post by Yambag Jones on Apr 15, 2020 14:19:06 GMT -5
There's a fake Alexa Bliss tweet going around right now, don't fall for it.
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JL Styles
Superstar
Joined on: Dec 19, 2019 15:43:47 GMT -5
Posts: 651
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Post by JL Styles on Apr 15, 2020 14:19:56 GMT -5
They could potentially lose their current TV deal if they do not produce enough live shows. You have no idea what goes into their day-to-day business. No one knows how long this could last. They, as a business, need to prepare for the worst. It definitely sucks for the talent, but it was going to happen eventually. But they didn't lose their deal. They're cutting costs when they don't need to. You don't know what their books look like. There are organizations all over the country who are releasing tens of thousands of workers. From what I have seen, you rip the WWE constantly, so you aren't going to listen to any opinion other than your own on this subject. This is an awful day for these men and women, period.
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Post by cordless2016 on Apr 15, 2020 14:20:39 GMT -5
Mike friggin Chioda. A guy who I always thought had a job for life. Crazy.
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Post by Yambag Jones on Apr 15, 2020 14:22:08 GMT -5
For real dude, look at their very public and easy to find financials and THEN tell me why these firings and furloughs are necessary. I do not know why you need justification? You do not run this business. Do you not want to be a fan anymore because they let Primo and Epico go? No one is making you watch. Because you don't have an argument besides Vince can do whatever he wants when he wants. Which in that case you're right. Congrats! I'm coming at this from a financial and ethical stance that says this doesn't need to be happening unless they're about to lose a cornerstone of their income.
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Post by tylerbreezee on Apr 15, 2020 14:22:10 GMT -5
Yeah the bigger story is called the Coronavirus and its lasting impact on businesses and people. For real dude, look at their very public and easy to find financials and THEN tell me why these firings and furloughs are necessary. It’s spring cleaning? They do this every year, it’s just bad timing
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Post by TheLastDude on Apr 15, 2020 14:22:35 GMT -5
Kurt Angle Drake Maverick Curt Hawkins Karl Anderson Luke Gallows Heath Slater Eric Young EC3 Aiden English Lio Rush Erick Rowan Sarah Logan Epico Primo Mike Kanellis Maria Kanellis Mike Chioda Fit Finlay Lance Storm Billy Kidman Shane Helms Mike Rotunda Scott Armstrong Pat Buck Shawn Daivari Sarah Stock
Is that what we're up to? That's insane.
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Post by Yambag Jones on Apr 15, 2020 14:22:50 GMT -5
But they didn't lose their deal. They're cutting costs when they don't need to. You don't know what their books look like. There are organizations all over the country who are releasing tens of thousands of workers. From what I have seen, you rip the WWE constantly, so you aren't going to listen to any opinion other than your own on this subject. This is an awful day for these men and women, period. They're a publicly traded company that legally has to show the public their books. Do a google search for them.
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robbutler01
Main Eventer
Joined on: Feb 10, 2013 15:10:27 GMT -5
Posts: 1,280
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Post by robbutler01 on Apr 15, 2020 14:23:06 GMT -5
I cant see anything on Mike and Maria as being released anywhere so far?
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JL Styles
Superstar
Joined on: Dec 19, 2019 15:43:47 GMT -5
Posts: 651
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Post by JL Styles on Apr 15, 2020 14:23:07 GMT -5
But they didn't lose their deal. They're cutting costs when they don't need to. You don't know what their books look like. There are organizations all over the country who are releasing tens of thousands of workers. From what I have seen, you rip the WWE constantly, so you aren't going to listen to any opinion other than your own on this subject. This is an awful day for these men and women, period. And yes, their financials are public, but we don't know what their forecasts show for the upcoming months. None of us have that information.
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