Since Endeavour acquired WWE on April 3, it has been widely speculated that the group may look at cutting costs within the company, especially with the further announcement the company will form part of a new sports and entertainment company with the UFC.
Speaking with the LightShed Live show, WWE CEO Nick Khan has commented on these reported cost cuts for the first time since the acquisition.
In the interview, Khan discussed potential cost synergies with UFC.
“We have integration teams that are being formed now. We’re gonna get those in shape. I think we’ll have a better sense of it in a month or two, but we’re gonna be pretty aggressive with them to make sure that for our shareholders, for our company, our organization is as lean and mean as possible.
Transcription courtesy of POST Wrestling
He went on to address potential cutbacks in the company, but said it remains important to keep the product as it is.
“So the most important thing is to leave the product untouched. Untouched, meaning if Triple H and Kevin Dunn, our longtime executive producer, want to evolve it, great. But in terms of cutbacks there, that’s not what we’re looking to do.“
“So other efficiencies all around the company, we’re getting in the middle of, and let’s see how it shakes out.”
Transcription courtesy of POST Wrestling