LIV Golf Cuts Most Staff as It Pursues ‘LIV 2.0’ Funding
LIV Golf plans to lay off the majority of its U.S. and U.K. employees in early September as it scales back operations and pursues a leaner ‘LIV 2.0’ model after the PIF-backed funding ended; a new backer is reportedly providing about $250–$300 million to support a 10-event schedule with aims of profitability within three years.