Reddit to lay off about 5% of its workforce
www.reuters.com
Reddit said on Tuesday it is laying off about 5% of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America.
  • Psyc
    15·
    1 year ago

    Hopefully we’ll get some juicy leaks about the internal discussions on API changes from some employees on the way out

  • jherazob@beehaw.orgEnglish
    10·
    1 year ago

    From the threads on this over there the comment is that this has already been going on for a bit. They’re definitely preparing for the IPO in the usual ways, the site is being strip-mined and everything good about it is going to end.

    I am a bit worried about Lemmy, Reddit has millions of users while Lemmy currently only has less than a a few thousand across all servers (edited, looks like I was severely off) . I hope even a fraction of the fleeing users decide to set up servers, because if most of them are just normal users the network won’t be able to handle that traffic.

    I am also worried about Internet search, up to now the trick to getting decent search results with minimum SEO garbage was to add “reddit” to the query to find threads about what you’re looking for, if Reddit falls there won’t be a good substitute and at this point i dunno if there’s enough incentives for anyone to build a decent replacement.