LIV Golf Considers Mass Layoffs Amid Financial Changes

LIV Golf has informed its employees in both the U.S. and U.K. about the possibility of significant layoffs. This comes after the Saudi Public Investment Fund decided to withdraw its financial support following this season. Employees received this troubling news on Wednesday morning, signaling that the controversial golf league plans to file a Worker Adjustment and Retraining Notification Act notice.

The Worker Adjustment and Retraining Notification Act mandates that companies with over 100 employees must provide at least 60 days’ notice before any mass layoffs or plant closures. There are similar regulations in place in the U.K.

Based in New York and London, LIV Golf employs more than 300 individuals globally. A spokesperson for the league stated that, as of now, no layoffs or changes to current operations have occurred. They mentioned that the effort to find a strategic investor is moving positively and that notifying staff was part of responsible planning for potential future actions.

According to the spokesperson, this notification aligns with legal obligations in each jurisdiction and expresses gratitude for employees’ ongoing dedication as the league seeks a robust future.

There are still four events left in LIV’s 2026 schedule, set to kick off in the U.K. at the end of the month. Despite the challenging news, reports indicate that LIV Golf employees will continue their regular duties in the meantime.

This situation arises as LIV Golf navigates the uncertainties ahead, particularly with the withdrawal of funding from the PIF. Notably, players like Brooks Koepka and Patrick Reed are already taking steps to return to the PGA Tour, while LIV’s executives hurriedly search for investors to inject necessary funds into the league.

LIV is currently seeking a long-term investor and is looking for between $250 million and $350 million to sustain its operations beyond this season.