LIV Golf informed employees on Wednesday that most positions will be eliminated in the first week of September. The announcement comes just three days after the conclusion of the 2026 season in Indianapolis and four months after Saudi Arabia's Public Investment Fund announced it was withdrawing financial backing from the circuit.
The league's chief executive is reportedly working on securing a deal with new investors but requires players' buy-in. The layoffs are attributed to a 'compressed timeline' as the organization seeks alternative funding following the PIF's five-year, multi-billion dollar investment in the controversial golf venture. chickenroad.qpon
