The Golden Globes carpet typically glitters with crystal-studded gowns in pastel hues, but it looked different in January 2018: The ballgowns were black, and the night’s key accessory was a pin that read “Time’s Up.” Onstage, Oprah Winfrey brought guests to their feet with a warning to powerful abusers: “Their time is up!” Five years later, Time’s Up — the now-embattled anti-harassment organization founded with fanfare during the early days of the #MeToo reckoning against sexual misconduct — is ceasing operations, at least in its current form. A year after pledging a “major reset” following a scandal involving its leaders’...