Bad idea, this looks like Stockholm syndrome to me.
Reddit has already shown they will screw everyone over, and no amount of blowback so far has gotten them to change course.
Leave (and optionally try to give Reddit as much hell as possible on the way out). That's the only answer now.
I don't think there is any redemption either, even if u/spez is removed. He's not the first bad head of the company, if anything the company has never had any good heads.