WWE’s takeover by Endeavour is officially over, and now both UFC and WWE are owned by the same business under the name TKO Holdings Group. There were people who were worried if this takeover would lead to some layoffs and people would be asked to step away from the office.
Email sent out by Nick Khan regarding TKO. And reassuring everyone to continue work without issues or problems.
Now I will just wait and see who reports differently.
According to the details received by Ringside News, BWE posted on their X account that Nick Khan sent out an email today asking people to continue working as normal as this takeover becomes official. It’s clear that the wrestling world is speculating of something to happen today, but it looks like Nick Khan wants everyone to consider it as another day in the office.
This morning, we announced that WWE and the UFC have officially come together to form TKO Group Holdings, creating a new premium sports and entertainment company. TKO will begin trading today on the New York Stock Exchange under the ticker symbol “TKO.”
A big thank you to all of you for the hard work and commitment that helped us achieve this milestone.
As we now begin this transition, we will be in touch with more details. In the interim, we will be communicating with each of you regarding new policies and procedures. HR will also be available to answer any and all questions you may have.
We know when companies undergo change it can feel like uncertain times. The special culture that VVVVE has cultivated over its long history is what has allowed our business to flourish and we will be preserving that as VVVVE and UFC both continue to grow together as part of TKO.
As always, well continue to focus on the work throughout this transition and make sure to communicate with all of you throughout the process. Thank you, Nick Khan.
The takeover by Endeavour puts WWE and UFC in the same bracket as they would now be under a new brand name ‘TKO’. While no one knows why this name has been chosen, it’s clear that Endeavour wants fans to enjoy combat sports and sports entertainment, under one umbrella.
WWE Universe has nothing to worry about as they will continually receive weekly entertainment from the wrestling juggernaut as they did previously. Notably, the Stamford CT office was in a panic mode today, but it looks like Nick Khan has tried to keep the environment cool with his email.
Do you think there will be mass firings today or somewhere in the near future? Chime in.
