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LIV Golf to Lay Off Majority of Staff

LIV Golf will lay off the majority of its staff in the first week of September after Saudi Arabia's Public Investment Fund ended financial support following a $5 billion investment over five years.

The majority of LIV Golf staff will be laid off in early September, the league announced Wednesday, just days after the conclusion of the 2026 season in Indianapolis. solvita.blog

The layoffs come following Saudi Arabia's Public Investment Fund's decision to end its financial backing of the league, which has invested over $5 billion in the golf circuit over the past five years. The league's chief executive is reportedly working on securing a new deal but requires players' approval to move forward.