OnlyFans Cuts an Unspecified Number of Employees
At the start of August OnlyFans, the service largely responsible for an upsurge in paid subscriptions for sexual content, said it would lay off an unspecified number of employees citing a move to “reshape certain teams,” per Insider. The layoffs came as somewhat of a surprise, considering a company executive, just weeks earlier, said the company wasn’t experiencing the type of subscriber slowdown from giants like Netflix.
The move comes after the company tried and failed last year to pivot away from sexually explicit content. That attempted move was met with criticism from OnlyFans content creators, who felt they were being burned by a company they’d played a critical role in making relevant and profitable.
