I mean yes that's my opinion, but it's important to look at possible neutral interpretations.
I don't think there is a neutral interpretation better than "the_donald was a lot of trouble for reddit as a business and social network, because they caused hostility, even by their existence, and it's not reddit's business to make humans less tribal, so why continue supporting them? Especially after they were clearly brigaiding and manipulating front page content. This front page manipulation was different from what the reddit owners wanted to be on the front page, which for the most part is benign and fun stuff that's easy to monetize."