I believe (and somewhat hope) that the n% of users leaving over this are mostly prosumers, leaving Reddit with mostly consumers. The, say, 5% of users leaving might be the ones who create >70% of the quality content the consumers browse Reddit for.
Given that Reddit relies on prosumers like them for 100% of its value, that would be a huge blow.
Perhaps that in itself isn't too bad; take it as a sort of detox.