WPT Layoffs

by , Jul 8, 2008 | 3:42 pm

As Dan mentioned in his Steve Lipscomb interview post, there were some layoffs at WPT Enterprises last week. My sources tell me that there were approximately 10 people let go, primarily from the online and interactive departments that handle the WPT store and website content. This is starting to hit home with me now because two of those people were friends from my days as an accountant at the WPT offices, and while the majority of the employees are said to have been on edge about the possibility of layoffs, it always hurts to be let go from a company to which you’ve been loyal for four or five years.

WPTE wouldn’t confirm the number of people let go, if there would be more, or what departments were trimmed, but Lipscomb did provide an official statement:

“WPT Enterprises is undergoing a reorganization to meet the future demands of our business and changes in the marketplace we inhabit. All decisions affecting members of the WPTE family are extremely difficult decisions, but this reorganization is vital to creating and sustaining a growing business. WPTE has taken great care to ensure smooth and successful transitions for all former and existing WPT staff.”


5 Comments to “WPT Layoffs”


  1. Jason B
    says:

    The sad news here is its getting closer and closer for Phil Hellmuth to shun the fact he’s had no major success at the WPT and brag about his sole accomplishments on the WSOP.


  2. DanM
    says:

    ***The sad news here is its getting closer and closer for Phil Hellmuth to shun the fact he’s had no major success at the WPT and brag about his sole accomplishments on the WSOP***

    Umm … OK?


  3. California Jen
    says:

    Yeah, uh, I think the sad news here is that people are losing their jobs. But everyone has their own opinions.


  4. DanM
    says:

    Not sure what Hellmuth has to do with it.


  5. BJ Nemeth
    says:

    I think his point was this — if the WPT were to “disappear,” then there would never be another chance to win a WPT title. And Hellmuth, for all of his poker accomplishments, still doesn’t have a WPT title.