Wednesday, 7 June, 2023

Reddit Announces Workforce Reduction, Laying Off Approximately 5%

Social media platform Reddit has revealed plans to downsize its workforce, resulting in a workforce reduction of around 5%. The decision to lay off employees is part of Reddit's strategic restructuring efforts. While specific details about the affected departments or positions have not been disclosed, the move underscores the company's commitment to optimizing its operations and aligning its workforce with evolving priorities.