Last week, WWE was named Corporation of the Year in the 2020 PRNEWS CSR & Nonprofit Awards. The company won the award for its work with Make-A-Wish, Susan G. Komen and Boys & Girls Clubs of America. PRNEWS noted: "Through its recently re-imagined four community service pillars of Hope, Inclusion, Empowerment and Service, WWE is igniting social change and bringing communities closer together."
Stephanie McMahon reacted to the news last night, tweeting: "So proud of the @WWECommunity team & all their hard work to make @WWE the 2020 Corporation of the Year at this year’s @PRNews CSR & Nonprofit Awards! WWE's mission is to put smiles on faces & it could not be done without the hard work & passion of this incredible team!"
Former WWE Superstar Jake Hager found WWE winning the award laughable, however, and replied: "Lmao. I guess lying about over 37 million in quarterly profits, so you can fire over 300 people, during a worldwide pandemic is a category for an award? @AndrewYang."
WWE was sharply criticised after company-wide cutbacks on April 15, particularly as the company made a net income of $43.8 million while still paying the salaries of all released main roster Superstars. Numerous wrestlers and producers were let go during the cutbacks, and 40 percent of the workforce at Titan Towers were furloughed or fired. Some furloughed employees did return over the summer, but many of them were released in September.