LIV Golf prepares for possible layoffs amid funding shortfall
LIV Golf has filed a Worker Adjustment and Retraining Notification (WARN) notice warning employees in the United States and the United Kingdom of a potential workforce reduction. The league said, "There are no changes to LIV Golf’s current workforce, operations, or schedule at this time," but the filing satisfies legal obligations in both jurisdictions. No layoffs have been confirmed yet.
The move follows Saudi Arabia’s Public Investment Fund pulling back its more than $5 billion support for the tour. LIV is seeking a new strategic investor, targeting $250‑$350 million to fund operations beyond the 2026 season. CEO Scott O’Neil said the league is pursuing “a strong and sustainable future” and aims to reach profitability within three years. Upcoming events include a July tournament in England after the cancellation of the New Orleans stop. Golfer Jon Rahm, when asked about investing, replied, "Something I’ve learned in life, never say never."