WWE slams workers by axing 7% of jobs

World Wrestling Entertainment is known for its bone-crushing body slams, but now the company is slamming its workers.

WWE announced Thursday it is cutting 7 percent of its workforce. The move amounts to about 60 layoffs out of the company's 850 employees, according to CNNMoney.

The job cuts come despite the fact that WWE CEO Vince McMahon declared in the company's earnings release that its "core business metrics remain strong."

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