Apparently the far right propaganda business sucks these days when your guy is in charge as MAGA media empire/film studio with a children’s cartoon series (lol) the Daily Wire is teetering on the edge of bankruptcy and laid off as much as 60 percent of its staff on Friday, the Wrap reports.

“Today, The Daily Wire made a difficult decision to restructure the organization, which included layoffs to a number of teams. We are deeply grateful to those impacted. Their contributions were instrumental in building The Daily Wire into what it is today,” a “spokesperson” confirmed in a statement. It’s not clear if that spokesperson was then laid off or if the spokesperson is co-founder Ben Shapiro, who has taken some hits from the rest of the MAGAverse in recent months.

“The cuts were largely concentrated at our Nashville production office. As the company has invested in new formats, locations, and production models, our footprint there has evolved. Over the last year, we have added production staff in DC, the Northeast, and Florida. This step allows us to focus our resources on an ambitious slate of new entertainment projects set to release this year. Additionally, we will continue to invest in our editorial team and investigative journalism where we have already added numerous new reporters across the country and established a DC bureau with a seat in the White House briefing room,” the statement continued, as though the spin was necessary for a private company that doesn’t have shareholders to bullshit with such sweet nothings.

The one guy who could save them is currently with his rich buddies in Florida…