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Reddit admins will say or do anything they think will push the IPO forward.
They have zero respect or care for the people on the site. To them, Reddit users are cattle to be sold and nothing more.
Forums existed long before Reddit became ubiquitous. They have no unique selling point and I think they are about to find that out.
The centralisation of web 2.0 has gone to the point that the benefits are far, far outweighed by the downsides.
All Reddit had to do was STFU and wait for a month or two. Lack of any reaction or results is probably the most demotivating thing in all human experience. Go forward with the plan, say nothing, give no interviews, send no messages, do nothing to the mods or the subreddits, and within just a couple weeks, the users would get bored and force the place to return to normal. Either through pressuring their mods or just starting new subreddits with the same theme as the closed ones. The effect on the front page and the common lurker would be minimal and transient.
Instead, Spez has to go around slinging shit from his diaper at literally every opportunity, taking more and more extreme actions, hiding behind a fake mod name, saying super salty things to everyone, etc. He's basically the only person continuing to add fuel to this dumpster fire. It's literally just him. If he got sick or hit by a bus or something and had to shut up for even just a week while he was recovering, Reddit would lose interest in the whole thing, because without a visible enemy to fight, the users would turn their frustrations on each other. But he's clearly suffering from some deep psychic wound that keeps him from being able to shut his pie hole.