TKO makes change to WWE severance pay policy

TKO is making a change to a now-former WWE severance pay policy.
PWInsider reported Friday that according to a company memo, any severed employees will now receive two weeks of pay for every year they have worked for the company, effective immediately. That’s a change from the previous way of one month for every year.
The outlet also reported that “there are additional caps on the policy based on management level but have not heard particulars on that.”
It’s unknown if the policy also applies to other TKO properties like UFC, Professional Bull Riders, On Location, and IMG.
TKO has not been in the news for any layoffs as of late following a multi-year consolidation after merging UFC and WWE and eventually bringing on the other aforementioned companies. On various investor calls, TKO’s Mark Shapiro has mentioned looking for efficiencies throughout the various brands.
TKO officially merged WWE and UFC in September 2023, followed by finalizing the On Location, Professional Bull Riders & IMG acquisitions in February 2025.