Source: Wrestling Observer NewsletterAs noted, Vince McMahon has ordered more WWE budget cuts and wants to cut $20 million from the budget this year. This means WWE's losses for 2014 will be down significantly from the $45 million to $53 million that was projected.
More changes being considered include some first-class travelers flying coach and scaling back, but not eliminating, backstage catering. There is also a new policy on international travel being implemented and there's a hiring slowdown, not a freeze.
Subscribe to The Wrestling Observer by clicking here. Each issue has coverage and analysis of all the major news, plus history pieces. New subscribers can also receive free classic issues.
Got a news tip or correction? Send it to us by clicking here.
Latest WWE Tough Enough Elimination Revealed, Videos From This Week's Episode
"The Million Dollar Man" Ted DiBiase On Dusty Rhodes Passing Away, Wrestling Jake Roberts, More
Jake "The Snake" Roberts On How DDP Yoga Has Changed His Life, Working With Randy Savage, More
Brad Maddox Appears At WWE Tapings, Tyler Breeze Wins Dark Match, Bo Dallas On Main Event, RAW
Huge UFC 189 Fight Changed, Conor McGregor Gets A New Opponent
** LIVE SPOILERS ** For This Week's WWE SmackDown
Tommy Dreamer On Showing Up At NXT While With TNA, Samoa Joe's WWE Deal, Being Away From WWE