Adam22, the founder of No Jumper has publicly acknowledged that the platform is facing significant financial difficulties. He was quoted saying the platform is “going broke” for several reasons.
Adam revealed that No Jumper has noticed a sharp decline in revenue from platforms like YouTube, Snapchat, and Facebook, the unexpected deletion of their Instagram account. The company is also going through a lawsuit from a former employee alleging workplace misconduct.
As a result, Adam plans to make some moves to keep the brand operating. To address these challenges, he has announced layoffs and the closure of their Melrose store. He also plans to move to a much smaller studio.
