I dunno. Part of me thinks they have a plan. I have no idea what, but if the entire boardroom is just going along with all the crazy, it makes me think there's a reason. Maybe there's a thing that happens if reddit just tanks. Or maybe they all just want it to end and just want to watch it burn.
I'm not saying this is the case, it just wouldn't surprise me that in a year or so, something comes out to explain all the batshit decisions.