At some point, Reddit will just force all subs to be open again, and any mods that try to delete the sub or do no moderation will just get banned or whatever.
It's pretty hard to fight against the corp using the corp's own platform.
Not only that, it would create a revolt among the moderators who were still left so you’d have to do this for all subs at once. Tens of thousands of people.
It would be an absolute disaster for Reddit.
For a company wanting to go public, having users banned from some of the most popular subs, the same subs that rely on said users to publish content, Reddit may as well have shot itself in the foot.
When the corp has relied on the good graces of users and mods to effectively run the site, both by providing the content AND moderating the content, any change to that status quo is going to be met with open hostility from the top 1% contributors.
The current moderators spend an insane amount of time on their communities, and they are very proud of the environment they have built up over the time. They are barely able to keep up with all the automation tools they currently have available.
The new moderators would not have this dedication, would not have the tools, and would have to immediately deal with an absolute deluge of some of the worst content imaginable just because the community will view them as scabs.
When all the dedicated people leave, only garbage remains. Who would want to be in charge of a pile of garbage?
no, because it is actual work to be a mod. work you don't get paid or rewarded for.
i'd say no without hesitation.