(Reuters) – Reddit is laying off roughly about 5% 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.
(Reporting by Bhanvi Satija in Bengaluru; Editing by Maju Samuel)
