God what a mess. The only people left employed by Reddit at this rate will be the managers lol.
It seems like lots of big companies are going this way. Trying to hit short term profits through massive, risky changes in direction, stocking up on managers and officers while suddenly firing half your workforce, taking massive payouts and crippling long-term potential, trying to hire in new bodies to throw on the pile as cheaply as possible, idolizing idiots like Musk who go around unplugging servers…
The submarine company is also an example of this. Why listen to material scientists or engineers when you can cut corners to save a buck? Submarine experts told the CEO it was just a matter of time before the carbon fiber went pop, and that would be really bad for anyone inside at the time. But they saved so much money!