LIV Golf Announces Majority Staff Layoffs Following End of Saudi Funding

AI-generated NewsSnap summary based on source reporting.
Published: 2026-08-28
Category: sports
Source: The Herald

LIV Golf is set to lay off the majority of its staff next week as part of drastic reforms to keep the tour operational. This follows the conclusion of funding from Saudi Arabia's Public Investment Fund (PIF), which had reportedly invested $5 billion over several years.

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