It will survive, it always does, but it will lose a chunk of users.

Reddit went corporate a long time ago, and the only reason I ever went there was because I had RIF on my phone. Now I don't, so I won't, and I'm sure there are many like me.

But if they survived all their other controversies there isn't any reason to think they won't survive this one too.

Sad to say... Most people don't care, they just consume.