Wrestlezone has already reported that during last week’s round of budget cuts, approximately 55 employees were released from all over the WWE payroll. One of the major names let go during the clean-out was Eddie Feldmann, WWE’s Senior Vice President of Creative.

According to the latest Observer Newsletter, both the pre-show and post-shows will be dropped in the near future. They currently air before and after Raw, Smackdown and all PPV events. Its likely that the Raw and Smackdown add-ons would be the first to go, as the PPV pre-shows have been airing well before the WWE Network launch on YouTube and the mobile app.

At one point there was discussion of launching a new weekly talk show on the Network, but with all the budget cuts that isn’t even on the table at this point. They have also been slow to update classic content to the Network, as studies are showing that most users are tuning in for monthly PPV events, and newer shows like Total Divas and Legends House, but not a lot of the older content. And as we’ve reported, the WWE Magazine and WWE Kids magazine has been cancelled, effective next month.

The pre and after shows were stupid anyway. That's like over 4 and a half hours of WWE every Monday night...nobody needs that much wrestling in one go <_<