Vince McMahon has ordered more WWE budget cuts and wants to cut $20 million from the budget this year. This means WWE’s losses for 2014 will be down significantly from the $45 million to $53 million that was projected.
More changes being considered include some first-class travelers flying coach and scaling back, but not eliminating, backstage catering. There is also a new policy on international travel being implemented and there’s a hiring slowdown, not a freeze.
