Marketplace®

Daily business news and economic stories

Why the Reddit CEO stepped down

Reddit CEO quits after he doesn't get the office he wanted.

Reddit CEO Yishan Wong stepped down Thursday. In a blog post, investor Sam Altman said the departure was over a fight with the board about a new office.

That’s right: Wong didn’t get the office he wanted so he quit.

“To be clear, though, we didn’t ask or suggest that he resign — he decided to when we didn’t approve the new office plan,” Altman explained.

Whether this is actually what happened or just corporate nonsense is up for the debate.

 

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    7 hours ago
    25:19
  • Make Me Smart
    13 hours ago
    19:00
  • Marketplace Morning Report
    16 hours ago
    6:55
  • Marketplace Tech
    20 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45