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Reddit to lay off about 5% of its workforce
- mvdtnz 3y agoI know it has become a massive cliche to say this and I usually don't engage in this conversation, but I think in this case it's legitimate - Reddit has 1,800 employees?! How?! I worked at a well-known mid-size tech company that had around 15 consumer and B2B products and employed 2,000 people and it felt bloated.
- Demmme 3y agoReddit has apparently over 430 million active users per month. So alone your glibal teams for infra alone should be at least 100
- Arnt 3y agoSay 150 for that. That leaves 1650 others then.
- perceptronas 3y agoIf I were to guess, their engineering is probably around 650 people. But I don't have any data to make this claim.
- Demmme 3y agoMarketing, development, translates, legal team, hr, hiring.
- rjh29 3y agoLikely sales, teams to attract advertisers in each region (including AMAs, sub-editor prizes, etc.) Then moderation, legal, PR and abuse report handling.
- nunobrito 3y agoIncredible. That is indeed quite a figure.
- BonoboIO 3y agoWow ... 1800. They must work all on moderation.
- braza 3y ago> worked at a well-known mid-size tech company This is one of the most common confusion that folks does to related their own experience with some regional/national tech company in comparison with global tech products with millions of users plus multiple juriscitions and regional aspects that needs to be taken in consideration. Good luck trying to deal with regional ad sales, content moderation, legal, account management without a local team.
- mvdtnz 3y agoThe company I was talking about was Atlassian so well into the millions of users in virtually every region on the planet.
- somedude895 3y ago> Huffman said the company would also reduce its hiring for the rest of the year to about 100 people from an early plan of 300 So still a net increase in total workforce? Is this just restructuring? Like reducing IT positions and hiring more in marketing or vice versa?
- expertentipp 3y agoFirst the new awful UI, then nagging for their app, then account suspension chaos monkey. Reddit is over. Thank you reddit team, and goodbye.
- rjh29 3y agoAnd the cycle begins anew.
- thunderbong 3y agoWhere?
- necovek 3y agoHopefully it's not the 5% maintaining old.reddit.com.
- drumhead 3y agoIf old Reddit goes so do a lot of users.
- throw2022110401 3y agoThe writing is on the wall, it will go as soon as the current mess quiets down (if it does). I don't think that I will even wait it out, the trust has been broken.
- rektide 3y agoAnd make 25% of the volunteer mods soft-quite/rage-quit. The people who most need tools & help to make Reddit a good place are just getting totally completely hosed by Reddit's API changes. All around the internet, we're seeing so many new moats & fief-makings.
- sharts 3y agowhy does anyone volunteer for that?
- EForEndeavour 3y agoDesire for power, authority, importance, respect, I'd imagine.
- tsss 3y agoCause then they can ban whoever they want that doesn't agree with them. Also, I'm sure that some of the powermods get paid to promote posts on their subreddit.
- baud147258 3y agospend enough time in a (virtual) location and you might want to help improve the place/keep it tidy, or at least help the current owners/maintainers because you enjoy spending time there. Or it can be just some ego/power trip.
- throw2022110401 3y agoFor better or worse a lot of us have been passionate about the sub-communities we were involved in and we thought that our contributions were valued by the site.
- mock-possum 3y agoGood. Reddit is on its way downhill. I’m just waiting to figure out what’s next to jump to.
- nunobrito 3y agoLook at nostr. The beauty of being a protocol that shapes into twitter-style, forum-style, blog or upvotting reddit with the same text protocol underneath. I guess the big innovation is owning your data and identity for a change. Those who invested in reddit for decades are now without chance to save their own data, at least without a way to move it elsewhere public.
- realharo 3y agoFor me, hopefully nothing. I did get some value out of reading and participating in discussions there, but I don't think it makes up for all the time spent.
- KingMob 3y agoWe could all go back to Digg.
- 0xy 3y agoHopefully they're laying off whoever's responsible for the video player that hasn't worked in 5 years.
- expertentipp 3y agoThere is no one to be laid off. This feature in particular was contracted to eastern European devs through some German consultancies;) It was cheap though.
- esel2k 3y agoAt the end we all suffer from the loss of information. In the past we had forums where long articles incl how-to were pinned and online for years. Today we might find about 20-30 discussions all saying the same thing flooded with trash. Another platform after reddit will just dilute it even further. The death of forums and knowledge for shortterm ad-revenue driven success.