Technology @beehaw.org Wilshire @beehaw.org 2y ago

Reddit to lay off about 5% of workforce

www.livemint.com Reddit to lay off about 5% of workforce: Report

Reddit is laying off 5% of its workforce and slowing hiring as part of company's restructuring efforts, the report said

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Furry Technologists @pawb.social Mara @pawb.social 2y ago

www.livemint.com /companies/news/reddit-to-lay-off-about-5-of-workforce-report-11686080090201.html

Technology @lemmy.ml Dasnap @lemmy.ml 2y ago

Reddit to lay off about 5% of workforce

www.livemint.com /companies/news/reddit-to-lay-off-about-5-of-workforce-report-11686080090201.html

Colombia @lemmy.blahaj.zone Arache Louver @lemmy.blahaj.zone 2y ago

Reddit to lay off about 5% of workforce: Report

www.livemint.com /companies/news/reddit-to-lay-off-about-5-of-workforce-report-11686080090201.html

110 comments

I'm hopeful that lemmy reaches critical mass because of Reddit's absurd policies.
It feels weird to want history to repeat itself, but I'm really hoping Reddit has to deal with the ironic situation of users migrating from the platform en masse due to awful management decisions.
Really looking very "investor focused" 🤢
Ahh here it comes. Expect more - IPO layoffs (from personal experience) are definitely a thing
Oh no! Anyway...
The ‘Enshittification’ of TikTok (not just about TikTok)
Boy, things are going GREAT over there huh
Some people have been saying a 2-day blackout isn't going to do much. But if they're struggling financially it will most likely really hurt them.
Totally a sign of an ultra-successful IPO!
Ah yes pre-IPO wallstreet pleasing. If I remember correctly wework also pulled this, and so did a few others.
Go go capitalism!
All this has me wondering. Lemmy and other fediverse sites should be resistant to enshittification. But how could American corporations screw that up? Could they start their own servers and instances, and somehow make them dominant? Or would that not be worth it to them?

It seems to me that capitalism has pretty much been trying to take over everything, with a lot of success. So I find myself wondering if it could happen here.
The way things are going, they will be laying off many more soon.
They really want that IPO money
Rise and shine my friends.
🍿 let it burn 🔥
Probably because I just deleted my account over there and deleted all posts and comments I ever made

110 comments