You might want to sit down for this one. Because when online porn companies start reducing its staff due to the economic downturn, you know times are tough. Local porn superpower laid off 15% 11% of its staff yesterday. Founder Peter Acworth confirmed this today. is headquartered at the San Francisco Armory, a "200,000 square foot 1914 reproduction of a Moorish Castle that served as a National Guard Armory and Arsenal until the 1970s." Is bad organizing, with Acworth at top and not much structure after, to blame? Alas. Anyway, in addition to producing stellar pornographic cinema, they host parties, photo shoots, live action play, and more. [Inset filmed fornication joke here] Update: A rep tell us that they "laid off 11% (12 people)."