Okay, so when does WWE hit he real panic button and raise The Network rates or even shut it down?
Cutting talent on the main roster who really aren't working out is one thing, but now they're going to be cutting developmental guys.
As in, the guys who are supposed to be the future of the company and help to ensure their long-term success.
Isn't that a really poor and rash decision on someone's part?
I doubt we're going to be seeing Tyler Breeze fired tomorrow if that's what you're worried about. They keep dozens of guys in developmental that we never even see on TV. They have to cut payroll to show Wall Street that they're doing something, and it might as well be the guys who they can cut loose with minimal impact to the on-screen product. That's the way that layoffs work in any business.
The following was reported by Dave Scherer of PWInsider.com:
We have heard that Mark Carrano, who works in Talent Relations under Triple H, is the man who made most, if not all, of the calls to the released talent today. It is fair to say that at least some of those let go would have appreciated that the call came from Triple H himself.
There is a lot of talk that the cuts/releases are not done and that there will be cuts on the administrative side of the company as well, perhaps as soon as tomorrow. Potential cuts loom across pretty much all departments.
The word making the rounds is that the current state of The WWE Network, its success or lack thereof, is what is precipitating cuts both in talent as well as potentially in office staff. That wouldn’t bode well for state of the Network base when they release the current subscriber numbers at the second quarter earnings conference call.
So it may very well may be that tomorrow continues Black Thursday into Black Friday.”
Not Looking to good for the WWE today.
Also, I will try to keep the blog updated with all of the cuts, if any, that will occur tonight through the weekend.