It was always going to happen. Big companies like this make unpopular decisions for business reasons. In some cases there's an outcry, and for social media sites that outcry is amplified by the simple nature of the site, but it always dies down.

Most people simply don't give a shit about this stuff and Reddit will make more money from the 90+% of people who remain then those who left anyway.

My only hope is that shearing off of some customers is enough to make this a sustainable community here in the same way that happened for Mastodon.