LIV Golf to lay off majority of staff amid ‘compressed timeline’ for new investors
Saudi Arabia’s PIF have ended financial supportChief executive working on deal but needs players’ buy-inLIV Golf informed the majority of its workforce on Wednesday that they will be laid off in the first week of September.The news comes three days after the 2026 season concluded in Indianapolis and four months after Saudi Arabia’s Public Investment Fund announced it was ending its financial support of the league after spending more than $5bn over the past five years. Continue reading…
Source: www.theguardian.com