LIV Golf begins laying off employees while downsizing to restructure without Saudi funding
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What happened
LIV Golf has informed employees their jobs will end next week as the league begins life without Saudi funding, downsizing operations as it pursues an agreement with a lead investor to reshape the league for next year. It was not clear how many or what percentage of employees are being laid off. LIV ended its fifth season last week outside Indianapolis, one week earlier than expected.
Summary assembled by rule from the sources below