Because they took 1.3 billion dollars from investors who want their money back, moderators currently do the job for free, and Reddit is looking to _cut_ spend, not increase it.
Reddit's biggest risk is community revolt. Financially incentivizing moderators to keep the community aligned with the company's interest seems like something investors would reward (even if the profit margin goes down a little).
In general I agree with you, but the actions of Reddit's leadership over the past few months (and especially the past few weeks) lead me to believe they've completely lost the plot and don't understand the dynamics of their own community. They can say all they want that they value the contributions of the moderators, but their actions speak the truth.
Exactly. Seems like the Mods should form a union and demand a rev share. I have to imagine leadership would capitulate