What would these busybodies do with their free time then and how would they obtain a sense of self worth ? They can't quit, deleting other people from the internet is their whole life.
Quite a few of the mods are severing alternative interests. The partisan subs are run by literal party staffers and think tanks. Lots of the big brand subs are run by marketing agencies. Reddit's financial model is to sell these spaces. You don't just have some random mega-fan running /r/Marvel. That's a Disney staffer.
Nobody is going to quit, all mod roles can be replaced in minutes with people excited to do it. If they have to, they can pay them even and make them official employees and never have to worry about protests again.
Also, who cares, the site has a clock over it, in a few years most users will be bots and children and all content will be farmed slop akin to youtube.
Furthermore, if anyone thinks that "protests" on reddit accomplish ANYTHING that person is a literal child, or someone else who shouldn't be trusted to operate heavy machinery.
Whatever high ideals we had for reddit a decade ago are long-since dead and buried and that's fine, instead of whinging about what we lost we should be trying to figure out what to build next to maintain some semblance of an internet in an age of AI slop.