They also succumbed to pressure from DOGE Musk right after the Inauguration, to permaban millions of active users, like me. I had a 12 year account, and a million karma. I'd been active since before anyone heard of Reddit. People like me built that site, and then we were kicked out because we were critical of MAGA.

Kicking out all your best customers, and keeping all the bots, spammers, foreign propaganda farmers, etc. is probably not going to have the most positive business outcome.