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Reddit to Reduce Staff by Approximately 5 Percent

On Tuesday, Reddit announced that it will be reducing its workforce by approximately 5%, which equates to 90 employees. This move puts Reddit in line with other technology companies that have been downsizing their staff in the corporate sector. Tech companies including Meta Platforms have cut jobs during the pandemic after aggressive hiring as the industry braces for an economic downturn. Facebook owner Meta cut jobs in its business and operations units last month as it implemented the latest in a trio of layoffs, the first of which it announced…

The post Reddit to Reduce Staff by Approximately 5 Percent appeared first on Return Byte.



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Reddit to Reduce Staff by Approximately 5 Percent

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