Drake Maverick Heath Slater and Multiple WWE Superstars Released

Drake Maverick

Amid Covid-19 Pandemic WWE has suffered big time business wise and because of that WWE announced multiple talent layoffs today which includes popular names  Drake Maverick, Curt Hawkins , Karl Anderson , Luke Gallows, Heath Slater (Heath Miller),  and Lio Rush.

Moments ago WWE.Com issued following statement via their Socials:

WWE has come to terms on the release of Drake Maverick (James Curtin), Curt Hawkins (Brian Myers), Karl Anderson (Chad Allegra), Luke Gallows (Drew Hankinson), Heath Slater (Heath Miller), Eric Young (Jeremy Fritz), EC3 (Michael Hutter) and Lio Rush (Lionel Green). We wish them all the best in their future endeavors

WWE also issued a press release today announcing measures being taken by the company in response to the impact of the COVID-19 pandemic.

To combat the effects of government mandated impacts on WWE, the company evaluated its operations and came up with a few short-term cost reductions and cash flow improvement actions. Among the steps being taken are:

— Executive and board member pay being reduced
— Cutting talent expenses, as well as third party staffing and consulting
— Deferring spending on the build out of the new headquarters for at least six months
— Furloughing part of their workforce effective immediately

The release states that these measures will save the company $4 million monthly with $140 million being freed up mostly from the deferral in spending on the new headquarters. The decision to furlough rather than permanently reducing the workforce shows the company believes the furlough will be short-lived.

WWE Chairman and CEO Vince McMahon reportedly held a conference call with company employees shortly before the press release was issued. According to PWInsider, the meeting lasted less than five minutes and reflected most of what was said in the press release. McMahon did state that employees would be notified via text message of their standing in the company.

Advice For The Public: thevitalclash.com/covid-19

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