The Register: Reddit cuts five percent of workers while API pricing shift sours developers

The Register: Reddit cuts five percent of workers while API pricing shift sours developers. “Social media community Reddit plans to lay off about 90 employees, amounting to about five percent of its 2,000-person staff. A company spokesperson confirmed the cuts in an email to The Register, stating that the whole company’s restructuring is part of changes to Reddit’s data, API and mod tools projects.”