WWE employees upset after learning of no bonuses, raises or promotions

[Big Red Machine]

https://www.f4wonline.com/wwe-news/wwe- ... ons-333151

By Josh Nason | @joshnason | Feb 14, 2021 12:49 pm

There was some hard feelings in WWE's corporate offices last week as employees learned in a meeting that there are no impending promotions, raises or bonuses.

Fightful Select first reported the news with Dave Meltzer discussing it on Saturday's Wrestling Observer Radio. Fightful also added the news didn't apply to wrestlers or talent.

Meltzer said the reason was that WWE missed their stock price target and are attempting to rebuild it. The news comes despite the company announcing record-setting revenues even with the pandemic in addition to a new $1+ billion deal with NBCU for WWE Network to move to the Peacock streaming service in March.

Both Meltzer and Fightful said there was a lot of unhappiness following the meeting, especially with members of the production team.

As part of the recent Q4 call, WWE announced they are resuming operations on a new corporate facility, estimated to cost between $65 to $85 million. Rising costs for production on the ThunderDome were brought up several times on the call.

[XIV]

I heard this yesterday!
Refusing all this, but hiring new talent over the last week or so.
This on top of them already bullying their talent into relinquishing their Twitch accounts.

[cero2k]

I heard this yesterday!
Refusing all this, but hiring new talent over the last week or so.
This on top of them already bullying their talent into relinquishing their Twitch accounts.

You heard this yesterday, 3 DAYS after they announced their historic largest profit ever in the quarterly financial report, it just wasn't AS LARGE as wall street hoped for. The greedy gotta greed

[XIV]

I heard this yesterday!
Refusing all this, but hiring new talent over the last week or so.
This on top of them already bullying their talent into relinquishing their Twitch accounts.

You heard this yesterday, 3 DAYS after they announced their historic largest profit ever in the quarterly financial report, it just wasn't AS LARGE as wall street hoped for. The greedy gotta greed

It’s the real greedy greed. But it’s a weird statement to make. They’ve bullied the talent, and now production and crew are being bullied too, but they’re saying “no promotions” but what if Dave the supervisor quits, are they replacing him? Or would they just expect everything to go on in that department without him?

It’s just shit.

But it’s almost like they’ve balanced the early competitiveness of AEW and returns to their “fuck it, we’re the only top place to work” attitude that they previously had.