PGA Tour lays off 4 percent of staff in latest cost-cutting measure

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MadisonMiami (FL)MichiganNorth TexasNotre DameOhio StateOklahomaOle MissOregonTexas A&MTexasTexas TechTulaneUSCUtahVanderbiltVirginiaNCAAMHomeTeamsScores & ScheduleStandingsTransfer Portal RankingsNBA DraftBracketAlabamaArizonaArkansasDukeFloridaGonzagaHoustonIllinoisIowaIowa StateKansasLouisvilleMiami (FL)Michigan StateMichiganNebraskaPurdueSt. John'sTennesseeTexasTexas TechUConnVanderbiltVirginiaWisconsinPeakMMAHomeMotorsportsHomePodcastsNASCARCultureHomeMemorabilia & CollectiblesGamingHomeSports BettingHomeFantasy FootballOddsNFL PicksMan Utd Transfers: What We're HearingInside Rosenior’s 107 DaysChelsea’s Owners Must Take the BlamePGA Tour lays off 4 percent of staff in latest cost-cutting measurePGA Tour CEO Brian Rolapp announced layoffs on Thursday. Andrew Redington / Getty Images Share articleThe PGA Tour laid off 56 employees on Thursday, an elimination of 4 percent of the company’s headcount. The move was announced in an internal email from CEO Brian Rolapp, obtained by The Athletic. Rolapp wrote that the impacted roles were decided upon after a review conducted by FTI Consulting. The PGA Tour is seeking to cut costs across its business as it evolves into a for-profit model. “Today we took a difficult — but important — step,” he wrote. In January 2024, the PGA Tour launched PGA Tour Enterprises, its for-profit venture backed by Strategic Sports Group, the private equity group that injected $1.5 billion into the tour. The SSG deal allowed players to hold equity in the tour, and the group’s stated focus was to “maximize revenue generation” for the PGA Tour. The tour also recently confirmed that it will not travel to Hawaii for its opening two events of the season, the Sentry in Maui and the Sony Open in Oahu, to cut logistics costs. In addition to reducing the headcount at the tour, 73 open roles will no longer be filled. In his email, Rolapp stated that the decision was made so that the PGA Tour can “move faster, make better decisions and continue to evolve as the future competitive and commercial model takes shape.” Rolapp, along with a committee of board members and players, is currently redesigning the tour’s competitive structure. Despite the cuts, the PGA Tour will continue to hire, according to Rolapp, but in reprioritized areas where it believes new talent is needed. Rolapp will address the tour employees during an all-hands meeting on Monday. The tour initiated a voluntary retirement program in 2025. Spot the pattern. Connect the terms Find the hidden link between sports terms