Reddit protest updates: news on the apps shutting down and Reddit’s fights with mods
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Reddit really seems to be trying to shore up costs.
ICYMI, the company laid off about 90 staffers as part of a goal to break even next year, The Wall Street Journal reported earlier this month. In his widely-disliked AMA on Friday, CEO Steve Huffman said that the company will “continue to be profit-driven until profits arrive” — it seems that the layoffs and the third-party API pricing changes are part of that mission.
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