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Wilshire ( Wilshire@beehaw.org )  to Technology · 3 years ago

Reddit to lay off about 5% of workforce

www.livemint.com

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  • cross-posted to:
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Reddit to lay off about 5% of workforce

www.livemint.com

Wilshire ( Wilshire@beehaw.org )  to Technology · 3 years ago
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83
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  • cross-posted to:
  • tech@pawb.social
  • technology@lemmy.ml
Reddit to lay off about 5% of workforce: Report
www.livemint.com
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Reddit is laying off 5% of its workforce and slowing hiring as part of company's restructuring efforts, the report said
  • alyaza [they/she] ( alyaza@beehaw.org ) 
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    3 years ago

    Reddit is big enough that it probably won’t die quickly (e.g. like Digg did), but my guess is that this kind of policy shows that the best days of Reddit are in the past.

    i think twitter is a good model for how we might expect this to go: a slow but undeniable decay into a worse, less functional, generally more miserable site to be on. when the decay will end? who knows. but there’ll likely be an obvious before and after, and an equally obvious point where the site goes from a vanguard of influence online to a social media backwater.

    • SamC ( SamC@lemmy.nz ) 
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      3 years ago

      deleted by creator

      • cavemeat ( cavemeat@beehaw.org ) 
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        3 years ago

        True, they likely have smarter people at the helm than musk

    • alyaza [they/she] ( alyaza@beehaw.org ) 
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      3 years ago

      in fact a good metric for this might be when reddit stops contributing anywhere near as many productive search results as it currently does. that’s undeniably a big use of the site for people so it’d be noteworthy for that to disappear (and despite itself being a symptom of bad things it’d probably be quite bad overall, given the state of online generally right now.)

    • AnagrammadiCodeina ( AnagrammadiCodeina@feddit.it ) 
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      3 years ago

      While i basically never used twitter, i dont see it dying. Some sources post decresing userbase some are saying that after the big hit things started to go back to normal People forgets. Today they protest, tomorrow they bend.

      • Pēteris Krišjānis ( peteriskrisjanis@toot.lv ) 
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        3 years ago

        @AnagrammadiCodeina @alyaza what is normal? Bird site lost people even before Musk.

        • AnagrammadiCodeina ( AnagrammadiCodeina@feddit.it ) 
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          3 years ago

          Like they were already loosing users before musk? Do you have a source?

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