Reddit lays off over 90 employees, reduces fresh hiring to cut costs
Wednesday, 7 June 2023
Social discussion platform Reddit is laying off at least 90 employees and reducing fresh hiring as part of restructuring plans to cut costs, a media outlet reported. According to The Wall Street Journal, the layoffs will impact 5 per cent of the companyβs 2,000-strong workforce. Reddit CEO Steve Huffman said in an internal email to [β¦]
Social discussion platform Reddit is laying off at least 90 employees and reducing fresh hiring as part of restructuring plans to cut costs, a media outlet reported. According to The Wall Street Journal, the layoffs will impact 5 per cent of the companyβs 2,000-strong workforce. Reddit CEO Steve Huffman said in an internal email to [β¦]
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