LIV Golf has terminated the employment of most of its staff due to the withdrawal of financial backing from Saudi Arabia's Public Investment Fund. This action follows previous indications to employees about upcoming layoffs and a formal WARN Act notice. The timing of these cuts coincides with the end of LIV's 2026 season and the cancellation of its finale event. A LIV spokesperson confirmed the scaling back of operations as they transition to a new phase. The league is reportedly seeking new investment after the PIF's funding commitment concludes.
Indianapolis, Indiana
https://www.golfdigest.com/story/liv-golf-staff-cuts-funding-20226