LIV Golf to lay off majority of staff amid ‘compressed timeline’ for new investors

Saudi Arabia’s PIF have ended financial support Chief executive working on deal but needs players’ buy-in LIV Golf informed the majority of its workforce on Wednesday that they will be laid off in the first week of September. The news ⁠comes three days after the 2026 season concluded in Indianapolis and four months after Saudi Arabia’s Public Investment Fund announced it was ending its financial support ⁠of the league after ⁠spending more than $5bn over the past five years. Continue readin...

By Reuters