LIV Golf informs most employees that their roles will end in early September as the league transitions after the conclusion of financial support from Saudi Arabia’s Public Investment Fund (PIF). Multiple outlets report that the majority of the workforce in the U.S. and U.K. is affected, with only a small number of staff expected to remain to manage the transition.
The job cuts are presented by LIV Golf as part of a downsizing and restructuring effort while it seeks a “next iteration” or “LIV 2.0,” including securing new investment. The Guardian and others cite a “compressed timeline” for finalizing a deal with new backers, while The Athletic describes a limited group staying on as negotiations continue. News organizations also note that PIF ended its funding after spending more than $5 billion over the prior five years, following the end of the 2026 season in Indianapolis.
Across outlets, the central focus is the same: staff reductions linked to the end of PIF backing, and ongoing efforts to secure future funding. The specific phrasing differs—some describe it as preparing for a second iteration, others as a last-bid bid to stay afloat—but all tie the layoffs to the funding cutoff and a restructuring period.
