Wow. Front page of huffpost.com right now. Interesting...
this post was submitted on 17 Jun 2023
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It's crazy that he is probably the only one not seeing how bad he look like and how bad he is destroying reddit
At this point I think he's immolating himself on purpose, and after the api changes are done a new saviour CEO will come, who won't reverse anything, but with a clean record.
I dont think his plan is even that deep. They have an ipo coming up and spez is set to make yacht money. he doesnt care if he burns the site to the ground cause he still walks out with a giant paycheck
They do stuff like that sometimes, like twitter is doing now, by putting a woman CEO right after Elon set everything on fire, so that twitter vocal minority can blame her and say that Elon was doing everything better. It's what they call the Glass Cliff. Something similar might be happening here, without the anti-feminist part.
They have already done this once. I wonder if anyone here remembers the previous CEO...
I've always struggled with the concept of a glass cliff because it's so hard to distinguish from a "Sacrificial CEO" like Ellen Pao was for Reddit, where they purposefully hire a short-term CEO to make unpopular decisions they can then blame on that CEO after replacing them, but not actually change. I've wondered if because it's harder for women to break into the C Suite they're more likely to take that type of role, even knowing they'll be vilified and only live in the short-term - but riding the fat severance package to the next company that needs a scapegoat. Men serve in that role too, but if you come at the analysis from that angle I wonder if it explains the inconsistencies in studies looking at the glass cliff.
Pandering to his misogynistic neofascist fanbase?
It's the exact playbook they used on Bon Appetit. The previous guy was primarily damned with racial suppression and underpayment, They brought in a woman who was supposed to be known as firm but fair who was also a minority. The refilled the cast with minorities but everybody had already gone by then.
When they run that playbook I think it's an attempt to portray the image that the person they put in place isn't an old boy a friend of a friend It was somebody who fought to be where they are. I don't know that any of that's actually true but more as often than not they do put a woman in that position when everybody's mad at the asshole leaving.
They'll leave spez in at least until the next round of layoffs. He'll get a parachute no shove somebody unlikeable and see what they can salvage.
Yeah, that's a plausible outlook.
He'll just cash out and fuck off somewhere. Lol
He doesn't see reddit as a community, he sees it as a way to make money. If he comes out of it with a profit, then that's a win even if reddit itself dies.
Yeah, he doesn't cares about the communities. All he cares is the IPO.
Nah, he doesn't care. Between how much he has now, and what he gets in the IPO, he has "fuck you" money now. He knows this is bad publicity, but it won't matter in the long run.