Layoffs 2024 Reddit. Reddit, the internet community discussion powerhouse, is cutting 90 jobs, laying off about 5% of its total employee base, as it restructure operations to position itself to break even. Reddit is joining a growing list of tech companies contracting due to the bumpy economy, telling workers it plans to lay off 5% of employees and scale back new hiring.

Microsoft conducted another round of layoffs this week in the latest workforce reduction implemented by the redmond tech giant this year. Reddit, the internet community discussion powerhouse, is cutting 90 jobs, laying off about 5% of its total employee base, as it restructure operations to position itself to break even.