The platform allows creators to charge fans for access to photos, videos, and is widely known for adult content.
Globally, more than 4,000 roles are headed for the chopping block.
See the top industry stories trending today.
• Harding has served in a variety of posts, from London to Washington to Tokyo
"This afternoon I offered my resignation. Thank you everyone who has given support."
• “Paywalls don’t work for everyone, but they work for The FT.”
Peter Olszewski rounds up Asia's media news for the week in our Mediaweek Asia column
