Reddit to lay off about 5% of workforce: Report
www.livemint.com
Reddit is laying off 5% of its workforce and slowing hiring as part of company's restructuring efforts, the report said
  • BobQuasit@beehaw.org
    1·
    1 year ago

    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.

  • sickday@kbin.social
    0·
    1 year ago

    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.

    • fernandofig@beehaw.org
      1·
      1 year ago

      I’ve said it (with a different wording) on some post on reddit, I’m saying it again here: I want history to repeat itself. Not because I have a sadistic need to see reddit fail, but because this will ultimately be better for the users.

      All of these protests are a nice sentiment, but I can’t help but think the take I’ve read from some people is right: this is all a “door in the face” technique from Reddit to get people to accept a more reasonable compromise on pricing that they were going for all along, but without taking as much of a PR hit. So people will be relatively happy, and meanwhile reddit will have squeezed redditors just a little more, as they have been doing little by little in the last years. It’s a boiling frog scenario.

      So this protest may well “reverse” this specific situation, but it won’t reverse the general trend on governance on Reddit that has been slowly going on for a few years already, mostly around the time that Victoria got canned.

      So, to that end, I really want to stop using reddit regardless of the outcome of this debacle. Lemmy seems promising, although it does have its own set of problems. But it’s still on its infancy, I’m sure it’ll grow and at least some of these problems will be fixed.