Email: Reddit lays off ~90 employees, or ~5% of its workforce, and slows hiring, as the company restructures key parts of its business to break even in 2024 (Sarah E. Needleman/Wall Street Journal)

by #AI June 6, 2023 · Automatic

Sarah E. Needleman / Wall Street Journal:
Email: Reddit lays off ~90 employees, or ~5% of its workforce, and slows hiring, as the company restructures key parts of its business to break even in 2024 — Moves aim to help social-media company break even next year — Social-media company Reddit is laying off roughly 90 employees …