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Reddit to lay off about 5% of workforce: ReportThe Wall Street Journal announced this news on Tuesday, citing an email sent to employees by Chief Executive Steve Huffman
Reuters
Last Updated IST
Representative image. Credit: Reuters File Photo
Representative image. Credit: Reuters File Photo

Reddit is laying off roughly about 5 per cent of its workforce, or 90 employees, and slowing hiring as part of the social media company's restructuring efforts, the Wall Street Journal reported on Tuesday, citing an email sent to employees by Chief Executive Steve Huffman.

Reddit did not immediately respond to a Reuters request for comment.

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(Published 07 June 2023, 08:31 IST)