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Reddit to lay off about 5% of workforce

www.livemint.com Reddit to lay off about 5% of workforce: Report

Reddit is laying off 5% of its workforce and slowing hiring as part of company's restructuring efforts, the report said

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  • All this has me wondering. Lemmy and other fediverse sites should be resistant to enshittification. But how could American corporations screw that up? Could they start their own servers and instances, and somehow make them dominant? Or would that not be worth it to them?

    It seems to me that capitalism has pretty much been trying to take over everything, with a lot of success. So I find myself wondering if it could happen here.

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