LIV Golf informed the majority of its employees in the U.S and U.K. Wednesday morning that their employment will end in the first week of September.
The move was not unexpected after the upstart tour filed a Worker Adjustment and Retraining Notification (WARN) Act notice last month—a legal requirement to notify workers of potential layoffs. LIV has been in crisis mode since Saudi Arabia’s Public Investment Fund (PIF) pulled back its financial support after spending $5 billion over five years.
“We are scaling back operations as we transition to the next chapter of LIV Golf and work toward making LIV 2.0 a reality,” an LIV spokesperson said. “We are grateful to our employees for their hard work and dedication in building LIV Golf, and we remain committed to supporting those affected through this transition.”
LIV leadership remains optimistic about what they are calling LIV 2.0. This month, LIV announced it signed a term sheet with an unnamed investor to lead its next phase—published reports identified the potential investor as the credit arm of BC Partners.
Last week, LIV finished its 2026 season in Indianapolis, where it crowned its individual and team champions. LIV canceled its originally $40 million season-ending set for this week in Michigan. The tour previously called off a June tourney in New Orleans.
