Jadarian Price's fantasy football outlook after Seattle Seahawks take RB in 2026 NFL Draft
Jadarian Price's fantasy football outlook after being drafted by Seahawks.
The PGA Tour is laying off 56 employees, about 4% of its workforce, while also not filling 73 job openings. This restructuring follows significant public subsidies received for its headquarters in St. Johns County.
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The move comes after the Ponte Vedra Beach based PGA Tour received significant public investment. It was awarded a $2.8 million subsidy from St. Johns County in 2018 when construction on its new global headquarters was announced to support 300 local jobs. In 2021, it received an additional $16 million, that was intended to help create 45 new jobs.
The PGA Tour has been working to fend off a challenge from the upstart LIV Golf Tour, which resulted in numerous major names leaving for larger paydays. It also resulted in the Tour overhauling its business model by adding a for-profit structure.
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The PGA Tour is laying off employees as part of a broader organizational shift and restructuring to align with new priorities.
The PGA Tour received subsidies intended to support the creation of 345 jobs, including 300 jobs from a $2.8 million subsidy and 45 jobs from a $16 million subsidy.
Following the layoffs, the PGA Tour plans to create over 30 new full-time positions aligned with its evolving business model.
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