LIV Golf considers layoffs amid funding crisis after 2026 season

LIV Golf has informed its employees about potential mass layoffs, citing the withdrawal of support from Saudi Arabia's Public Investment Fund after the 2026 season. The league, facing financial difficulties, is exploring options for securing investments and has filed notifications as required by law. Currently, LIV Golf operates with a workforce exceeding 300 and is in the planning stages for a possible U.S. bankruptcy. The organization is attempting to raise up to $250 million to continue operations, with CEO Scott O'Neil expressing uncertainty about the league's future events. LIV Golf must navigate these challenges while adjusting its business strategies to appeal to investors.

• 8:21 PMYahoo Sports — LIV Golf reportedly signals mass layoffs amid search for investors after Saudi Arabia pulls funding