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LIV Golf has announced a significant workforce reduction as the company continues to secure funding for its next iteration. The company had notified its corporate employees in the US and Britain of potential staffing reductions, and the Public Investment Fund (PIF) is set to expire.
LIV Golf has announced that it will be laying off the majority of its workforce as it secures funding for its next iteration. The decision was expected as the company had notified its corporate employees in the US and Britain of potential staffing reductions.
The company has poured over $5 billion into LIV Golf since its launch in 2022, with the Public Investment Fund (PIF) set to expire. LIV Golf is transitioning to LIV 2.0 and is optimistic about the return of many employees. The company remains confident about finalizing a potential transaction that will make its next iteration a reality
LIV Golf Workforce Reduction Funding Securing LIV 2.0
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