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LIV Golf will dismiss most of its staff as Saudi-backed funding ends and the breakaway tour seeks new investors, lower costs and a shorter schedule. Its future also depends on retaining stars including Bryson DeChambeau, Jon Rahm and Sergio Garcia.
LIV Golf is preparing for a major reduction in staffing as it attempts to survive the loss of its principal financial backer and reorganize the breakaway circuit for the 2026 season.
A spokesperson confirmed that many employees were told this week that their positions under the current version of the tour will end during the first week of September. The cuts are expected to affect the majority of LIV Golf personnel and represent the clearest sign yet that the competition is entering a period of severe uncertainty after several years of rapid expansion and exceptionally large spending.
The tour was built with extensive financial support from Saudi Arabia's Public Investment Fund, which reportedly invested about $5 billion over a number of years to attract leading players away from the PGA Tour. That commitment came to an end after LIV Golf's season finale in Indianapolis. Officials say the organization is now working toward a smaller LIV 2.0 model that would operate with a shorter schedule, lower prize funds and a substantially reduced workforce.
The spokesperson described the layoffs as part of a transition to the next stage of the business and said the organization remained grateful to the employees who helped establish and operate the tour. LIV Golf is understood to have an agreement with an unnamed potential lead investor and is offering players significant ownership stakes as it tries to create a new financial structure.
The organization is also seeking additional minority investors, with the aim of completing the transaction by the end of next month. Only a limited number of employees are expected to remain in place during the immediate transition. A source familiar with the situation said that many workers could potentially return if the investment deal is completed, but that possibility depends on the negotiations and the future shape of the tour.
The most important issue may be whether LIV Golf can retain the star players needed to attract audiences, sponsors and broadcasters. Its current lineup includes major names such as Bryson DeChambeau, Jon Rahm and Sergio Garcia, yet none has publicly confirmed a commitment to remain with the circuit. Reports have suggested that some LIV players are considering a return to the PGA Tour or a move to other professional series.
The PGA Tour said this week that it currently has no plans to establish a route back for golfers who joined LIV, adding another obstacle for players weighing their options. DeChambeau offered a positive assessment while speaking at the Indianapolis finale, saying he was proud of what LIV Golf had achieved and expressing optimism about what might happen in the following season.
However, his subsequent social media post created fresh speculation. He shared photographs connected with several of his LIV victories and accompanied them with the phrase It was a good run. The message did not confirm that he plans to leave, but it intensified questions about whether some of the tour's most prominent figures are preparing for a change.
LIV Golf's proposed relaunch will therefore depend not only on securing new capital, but also on preserving its player base and convincing the wider golf industry that the revised competition can remain viable
LIV Golf Saudi Public Investment Fund PGA Tour Sports Finance Professional Golf
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