Layoffs: PGA Tour Cuts Approximately 50 Staffers

Add the PGA Tour to the list of organizations cutting staff during the pandemic, reportedly around 50 this week according to several sources. Many of the cuts involved longtime employees presumably offered early retirement. The news comes as the PGA Tour has lost 11 tournaments due to the pandemic, but has not lowered purses for tournaments.

Earlier this year, the PGA Tour signed a new $700 million a year television deal with CBS, NBC and Golf Channel commencing in 2022. And in 2018, a $2 billion deal with Discovery for international streaming rights.

The PGA Tour issued this statement:

As a result of the impact of the COVID-19 pandemic, the PGA TOUR – much like many other organizations – has had to identify ways to streamline our operations. While it is never easy to say goodbye to valuable members of the TOUR family, this week’s targeted job cuts will allow us to most efficiently deal with the current climate and prepare for 2021 and beyond.

The news comes as construction continues on the new Foster And Partners designed headquarters where more office space has now been freed up.