ONE Championship cuts staff as MMA shows halted by virus

www.rappler.com
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ONE Championship boss Chatri Sityodtong says it is unclear when fights can resume due to various reasons
SINGAPORE – ONE Champion, the largest mixed martial arts promotion in Asia, said Monday, June 15, it was cutting 20 percent of its staff worldwide after being unable to stage fight cards for almost 4 months because of the coronavirus pandemic.

The Singapore-based organization – which promotes cards across Asia in mixed martial arts, muay thai, and kickboxing – has between 201 to 500 employees, according to its LinkedIn profile.

ONE Championship said in a statement it had raised an additional $70 million to its "war chest," bringing its total capital to $346 million but added it had also "streamlined operations, including a 20 percent reduction of total worldwide…
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