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Reddit demands moderators remove NSFW labels, or else
(www.theverge.com)
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First off, Reddit is not responding to mods at all ATM. They don't care and they don't even have the resources.
Second, most people do not want to be mods, because they know that its lost of unpaid work. Even before all of this mess started, the subreddit I co-modded made attempts to recruit new mods without much success.
Third, the subreddit held a vote. The community had the choice between returning to normal, shitposting or closing down. They voted for closing down and the mods respect the community's decision.