4 ms·

Reddit announced a 5% headcount reduction a week ago: https://www.reuters.com/technology/reddit-lay-off-about-5-workforce-wsj-2023-06-06/ https://www.reuters.co

• zmmmmm 3y ago
  Interesting. But I'd say it still fits with the narrative. 5% is a good "we practice fiscal constraint" message. To get back to a reasonable cost basis, they need to lay off 50%, which would send a totally different message.