WWE reinstates promotions and raises for employees
PW Insider reported Thursday that WWE corporate employees learned that raises and promotions have been reinstated.
That was the biggest news coming out of the Thursday all hands meeting according to PW Insider who also reported “the implication was that a big part of the staff would be receiving raises in the days and weeks ahead.”
That followed news from February where a “large number” of employees learned they were getting a $3000 stock award. However, that news came days after they first learned of the promotion and raise freeze.
It has been a tumultuous year on the corporate side, starting with pandemic-related cuts and then in recent months with dozens of full-time employees let go due to restructuring as president Nick Khan continues to get his people into place. May was especially notable as some divisions, including Advanced Media, digital and WWE Studios, were restructured under Kevin Dunn. In April, WWE saw several longtime PR and communications people depart in addition to some talent relations leadership.
Since 2011, Josh has been a contributing editor to Wrestling Observer/F4WOnline.com and also hosts the Punch-Out podcast. He has also written for Fight Magazine, Bloody Elbow, Bleacher Report, and other websites. He's a 2000 graduate of the University of Maine, worked in pro sports, and once was an indie ring announcer.