Golf: LIV Golf set to lay off majority of staff as it scales back operations [SOUND]

# Golf: LIV Golf is scaling back operations and will cut most of its 300 staff starting next week. Saudi Arabia’s Public Investment Fund, which invested over 79.76-billion-rand since June 2022, will end its funding at the end of this year. The LIV season finished a week early after the cancellation of the Team Championship in Michigan. CEO Scott O’Neil says discussions are ongoing with a prospective lead investor and multiple minority investors: