LIV Golf notified employees on Wednesday, July 8, 2026, that the company might face workforce reductions. In conjunction with these notifications, LIV Golf is filing Worker Adjustment and Retraining Notification Act (WARN Act) notices in the United States.
These developments follow the Public Investment Fund (PIF) of Saudi Arabia ceasing its financial support for LIV Golf. The PIF had previously invested an estimated $5 billion to $8 billion into the league. LIV Golf leadership initiated efforts last month to secure new financing, seeking between $250 million and $350 million from prospective investors to maintain operations.
A LIV spokesperson addressed the workforce situation, stating, "As our process to identify strategic investors moves forward in a positive direction, and as part of responsible planning for a range of possible outcomes, we have notified employees in the United States and United Kingdom of potential future actions related to the League's corporate workforce." The spokesperson added that there are "no changes to LIV Golf's current workforce, operations, or schedule at this time." In late April 2026, LIV Golf established an independent board of directors to assist in identifying long-term financial partners. Previously, Yasir Al-Rumayyan stepped down from his position as chairman of LIV Golf's board. LIV Golf has projected achieving profitability within three years. The league also postponed one event this year, citing reasons such as summer heat and the World Cup.
This year, LIV Golf expanded its tournaments to 72 holes. The league's next scheduled event is slated for July 23 in England. The end of funding from Saudi Arabia's Public Investment Fund, which had provided billions in investment, necessitates new financial strategies for the golf league. The search for $250 million to $350 million from new investors and the filing of WARN Act notices indicate a period of economic adjustment for the organization. The creation of an independent board tasked with securing financial partners and the resignation of a key board member reflect internal changes in response to the funding shift. The league's continued operations and scheduled events, including a tournament in England on July 23, proceed as these financial and structural transitions unfold.
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