LIV Golf informed the majority of its employees in the United States and United Kingdom on Wednesday that their jobs will end in the first week of September.

The move comes days after the conclusion of the league's 2026 season in Indianapolis. Saudi Arabia's Public Investment Fund ended its financial support for the circuit after investing more than $5 billion since the league launched in 2022.

A LIV Golf spokesperson confirmed the layoffs in a statement. “The funding commitment announced by PIF earlier this year will reach its conclusion,” the statement said. “As a result, we are scaling back operations as we transition to the next chapter of LIV Golf and work toward making LIV 2.0 a reality.”

“This week, we informed many of our colleagues that their employment under LIV 1.0 will end in the first week of September,” the spokesperson added. “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.”

Most affected staff will have their final day on September 1, though a small number of employees will remain to handle the transition. The league has more than 300 employees globally.

The cuts follow notifications sent to U.S. and U.K. workers in July about potential staffing reductions. LIV also filed required Worker Adjustment and Retraining Notification Act notices at that time.

The league has signed a term sheet with BC Partners as a potential new lead investor to fund a restructured LIV 2.0. Chief executive Scott O’Neil has described the timeline for finalizing new investment as compressed, and any deal would require approval from a majority of current players.

LIV canceled its planned season-ending team championship in Detroit and reduced the purse for the Indianapolis event amid the funding shift.