LIV Golf informed employees Wednesday that the league could face layoffs as it searches for outside investment. The league is filing Worker Adjustment and Retraining Notification Act notices in the United States and similar notices in the United Kingdom.
A WARN notice is a legal requirement, not a confirmed announcement of job cuts. U.S. law generally requires businesses with more than 100 employees to give 60 days’ notice before mass layoffs or plant closings.
A LIV Golf spokesperson said there are “no changes to LIV Golf’s current workforce, operations, or schedule at this time.”
“As our process to identify strategic investors moves forward in a positive direction, and as part of responsible planning for a range of possible outcomes, we have notified employees in the United States and United Kingdom of potential future actions related to the League’s corporate workforce,” the spokesperson said. “This step is being taken in accordance with legal obligations in each jurisdiction. We deeply appreciate our employees’ continued dedication as we work toward a strong and sustainable future for the league.”
The notice comes after Saudi Arabia’s Public Investment Fund stopped bankrolling LIV following an investment reported to be between $5 billion and $8 billion. LIV leadership began pitching prospective financiers last month, seeking between $250 million and $350 million to continue operations. Under its business plan, the league is targeting profitability within three years on a 10-event annual schedule.
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LIV CEO Scott O’Neil has said the league doubled its revenue from 2024 to 2025 and is on pace to add another $100 million this year. The league retained investment bank Ducera Partners in April to run its search for a new partner.
Amid the uncertainty, Jon Rahm was asked this week whether he would consider investing his own money in LIV Golf. Rahm, who is playing the Genesis Scottish Open, has not been asked to put money into the league but did not close the door on the idea.
“Something I’ve learned in life, never say never,” Rahm said. “I’m not going to say absolutely no to anything that can happen in the future.”
Rahm signed with LIV in December 2023 on a contract reported to be worth $300 million. Bryson DeChambeau and Dustin Johnson hold LIV contracts reported to be worth $125 million each, and Phil Mickelson’s deal is reported to be worth $200 million.
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The financial pressure comes alongside new legal exposure. Lawyers for English companies World Golf Group and Premier Golf League are seeking damages between $210 million and $630 million from LIV Golf, PIF and other individuals and entities, per ESPN. The lawsuit centers on allegations that LIV appropriated concepts developed by the Premier Golf League, including its team format and 54-hole structure.
LIV’s most recent event was in early June in Spain. Its late June event in New Orleans was canceled. The league’s next event is scheduled for July 23-26 in England, followed by August stops at Trump National Golf Club in Bedminster, New Jersey, The Club at Chatham Hills in Indianapolis, and The Cardinal at Saint John’s in Plymouth, Michigan.
O’Neil has said he expects PIF to fund the league’s remaining events this season despite its withdrawal as a long-term backer.
