Mindgeek Layoffs

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In June 2022, MindGeek, the parent company of Pornhub, implemented layoffs affecting an unspecified number of employees as part of a major restructuring. This followed the resignations of CEO Feras Antoon and COO David Tassillo. The layoffs were driven by cost-cutting measures after the company faced significant revenue declines over the previous 18 months. These financial struggles were largely due to a series of controversies, including reports that Pornhub had hosted nonconsensual and child sexual abuse material, leading to payment processors like Visa and Mastercard cutting ties. While the exact number laid off was not disclosed, rumors suggested significant cuts, though the company denied claims of over half its workforce being affected. MindGeek, a major player in the online adult entertainment industry, had around 1,600 employees globally at its peak.

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