While the company does “respect the community’s right to protest” and pledges that it won’t force communities to reopen, Reddit also suggests there’s no need for that; more than 80 percent of the top 5,000 communities by daily active users are now open
If a moderator team unanimously decides to stop moderating, we will invite new, active moderators to keep these spaces open and accessible to users. If there is no consensus, but at least one mod wants to keep the community going, we will respect their decisions and remove those who no longer want to moderate from the mod team.
From this article:
Meanwhile from https://www.macrumors.com/2023/06/15/reddit-threatens-to-remove-subreddit-moderators/