Reddit really seems to be trying to shore up costs – Breaking News & Latest Updates 2026
Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.

Reddit protest updates: news on the apps shutting down and Reddit’s fights with mods

See all Stories

Posted
J
External Link
Jay Peters
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.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...

Most Popular

Most Popular
  1. Alex Jones has uncovered another massive conspiracy
  2. 360-degree cameras have a new superpower
  3. You’re about to feel the AI money squeeze
  4. THE PEOPLE DO NOT YEARN FOR AUTOMATION
    Video
  5. Musk vs. Altman is here, and it’s going to get messy

More in Tech

BMW is one step closer to selling you a color-changing carBMW is one step closer to selling you a color-changing car
Google’s handsome Pixel Watch 4 is on sale for $40 off in both size configurationsGoogle’s handsome Pixel Watch 4 is on sale for $40 off in both size configurations
The RAM shortage could get even worse if Samsung labor protests cut productionThe RAM shortage could get even worse if Samsung labor protests cut production
360-degree cameras have a new superpower360-degree cameras have a new superpower
Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?
AirPods, Touch Bars, and the rest of Tim Cook’s legacyAirPods, Touch Bars, and the rest of Tim Cook’s legacy

Top Stories