This sort of pathatic nonsense from the CEO is hardly going to encourage people to stay on Reddit,m esp as moderators etc. Here on Fedi those who work tirelessly to run instances and moderate to keep everyone safe, are highly valued and respected.
The CEO of reddit can clearly do a far better job than experienced moderators, so he is welcome to do that, he will soon learn, how much work is involved, the responsibility that come with that and therefore the value of people once they have left with no intention of returning.