LIV Golf announces layoffs as it transitions away from Saudi funding

LIV Golf will lay off a substantial portion of its workforce as it concludes its 2026 season and shifts away from Saudi funding. The Public Investment Fund’s commitment will end, prompting the organization to scale back operations while it seeks new financial backing. LIV aims to develop a 2.0 version, planning ten events for the 2027 season across the U.S. and internationally. CEO Scott O’Neil has acknowledged the pressure on the group and emphasized their commitment to adapt during this transition. The restructuring process is expected to take months.

• 2:47 PMYahoo Sports — LIV Golf lays off majority of workforce