How's the morale at Reddit?
With the recent layoffs and the ongoing battle between users and its CEO, staff like ICs and middle managers can't be having a good time right now. Are you staying through thick and thin? Staring longingly at the door? Already on your way out?
You are right, OP. Reddit is a shitshow right now. The CEO and his mgmt team have no freaking ide what to do and they totally fcuked up the entire company. The CEO said they were super well financed and didnt need to do layoffs but they did regardless. Steve Huffman will eventually get shown the door -- he cant lead; he is a jerk and he plays favoritism. You can ask any mods and most mods hate him. And the community head who came from Duolingo (apparently she BS her way to get this job at Reddit) is really bad too. My friend who worked there told me that she is a nincompoop. and she totally destroyed the team underneath her.
I’m confused how you can have that much organic traffic and still not be profitable. Does anyone know?
Traffic is but is one of the revenue generating levers. U need to consider the broader competition, economy, internal factors like culture, ability of the team to perform and execute etc. Given how the CEO responded, it is no surprise the company has been struggling and will continue to struggle. It does not just have a profitability problem; it has a leadership problem -- and that one is harder to fix.
Reddit has a twitter problem. Too many staff for objectives at hand. Team should be reduced 70% and then the profits would show themselves.
I have officially reach the point of disliking everything about working here. I’ve only been here a year. Great morale for a long while, but after two layoffs (including excellent performers), terrible business decisions and communications, and add some toxic relationships. Yep I’m done
Not a reddit employee, but I want to say... I've poured my heart and soul into reddit. My account is over 12 years old. I've posted a ridiculous amount of content and built multiple subreddits, some large, from the ground up. I've moderated subreddits for over 10 years, including defaults. It's gratifying to see reddit employees call spez (I won't give him the gratification of saying his real name) out for who he really is. I do hope he gets what's coming to him...the boot.
I interviewed at Reddit a few months ago. I feel like I really dodged a bullet for not taking the offer. The VP I spoke with had just started a few months prior and it was clear I had more industry knowledge then he did, trust your intuition kids! The offer also wasn't really competitive on comp given it was in ic5 role. TC 210 Reddit TC 210 Base 5000 shares
I’m actually jealous of all of our laid off employees. We still have to deal with a hot mess. Casually interviewing, but I want that severance
They might do more layoffs so hang in there. Hopefully the DS layoffs didnt leave u with too much work.
Same