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New UFC Owners Lay Off Dozens of Workers Including High-Profile Executives
- Updated: October 18, 2016
As it stands right now, the blockbuster sale of the Ultimate Fighting Championship to WME-IMG in July for over $4 billion hasn’t benefited everybody employed by the world’s most powerful mixed martial arts promotion. According to multiple news outlets, the new owners of the UFC are set to unleash a wrath of layoffs, which would cause roughly 80 people — almost 15 percent of the company’s workforce — their jobs. The layoffs will reportedly occur in …