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WWE INSTITUTING NEW WORK POLICY FOR EMPLOYEES, NOTES FROM WWE TOWN HALL MEETING THIS AM

By Mike Johnson on 2020-11-05 11:47:00

WWE held a virtual all hands on deck "Town Hall" style meeting for employees this morning with Stephanie McMahon, Nick Khan, Sarah Cummins (Senior Vice President, Consumer Products) and new CFO Kristina Salen, among others, taking part.

The major news was that the company is instituting a flexible work policy going forward.  Depending on their role for the company, going forward, employees can choose to work from the office or home and will not be required to return full-time to the office.  

WWE is still moving forward with their new HQ in Stamford, but has obviously delayed that process.  They are still going to move the company to the new, much larger HQ, however.

Salen specifically stated that going forward, she will be doing presentations on the company's quarterly earnings for employees so she and the company can directly communicate with the employees.  The presentations would happen after the company's earnings calls.   

During a Q&A portion of the town hall, live events were brought up and the company stated that they don't know for sure when they can resume them given the current COVID-19 environment.  There were also a lot of questions asking Khan and Salen about what brought them to the company.

We are told it was a mostly positive meeting with the company thanking everyone for their hard work and stressing they want to increase communication so that everyone has greater awareness of how WWE is doing.

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