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LIV Golf has announced layoffs for many employees starting in September as it prepares for a transition to a new investment structure following the end of funding from the Saudi Public Investment Fund. The league is optimistic about a new version, 'LIV 2.0', which is expected to launch in 2027 with a majority equity stake held by players and a schedule featuring 10 events globally.
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LIV Golf has announced layoffs for many employees starting in September as it prepares for a transition to a new investment structure following the end of funding from the Saudi Public Investment Fund. The league is optimistic about a new version, 'LIV 2.0', which is expected to launch in 2027 with a majority equity stake held by players and a schedule featuring 10 events globally.
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LIV Golf lays off many of its employees as it prepares for second iteration with new investors
LIV Golf announces layoffs as it transitions to new investment structure