Reddit's unpopular changes were inspired by Elon Musk's layoffs & cost-cutting

https://lemmy.world/post/230973

Reddit's unpopular changes were inspired by Elon Musk's layoffs & cost-cutting - Lemmy.world

Imagine cribbing notes from a guy that has seen the social network he purchased drop in value by 2/3rds.
i mean, depending on what do you want to do, this might be a good idea. their motivations remain unknown, maybe they wanted to burn the place to the ground before an ipo, you never know

maybe they wanted to burn the place to the ground before an ipo, you never know I admittedly don't know much about IPOs, but...wouldn't that tank the value and lessen the profit from said IPO?

sure, if your incentives are purely economic, then it does not make sense. but, just look at what musk did with twitter - he burned bulk of its value, sure, but he also had ideological incentives to flood that place with altright chuds, and that worked. this does not make sense here tho