LIV Golf hints at impending demise with troubling announcement

The LIV Golf League is facing an uncertain future, as Saudi Arabia's Public Investment Fund will cease its funding for the breakaway tour after the 2026 season. CEO Scott O'Neil is scrambling to drum up external funding to save the league, but those efforts must be falling short based on LIV Golf's latest announcement. 

On Wednesday, LIV Golf informed employees in the United States and the United Kingdom that it could implement layoffs in the near future, per the Sports Business Journal. The announcement reportedly came during an all-staff meeting with its 300-plus employees. 

The timing is notable here — companies with 100 or more employees must provide a 60 calendar-day advance notice of potential layoffs. LIV Golf's 2026 season concludes with the Team Championship on Aug. 30, 53 days from when the announcement went out to employees. 

"There are no changes to LIV Golf’s current workforce, operations, or schedule at this time," a LIV Golf spokesperson said in a statement to SBJ. "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. 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."