Mar 19, 2011 18:05 GMT  ·  By

Reddit has been flying high for the past months, user numbers are surging and so is revenue for the first time. Strange then that the site is now down to one developer since the other two both quit this week. Reddit has always operated with a very small crew and, even as the site grew, it only hired few more people.

It recently had a 'huge' round of hires adding four new employees. But it's not making much progress since its two main developers have now left.

To make things worse, Reddit suffered several hours of outages yesterday. The problem, apparently, was with Amazon's Elastic Block Storage, which hosts the site, not with Reddit itself and these kind of problems have more to do with the sysadmins, but Reddit's strained resources can't help.

Reddit's Mike Schiraldi left for a "dream offer" at Google. Another developer David King went to Hipmink to work with Reddit cofounder Alexis Ohanian.

But Reddit is hiring, it is looking for several developers and created a set of interesting challenges for potential candidates. The plan is to hire more people soon, but, in the meantime it will have to make do with what it has.

Things are not as bad as it seems though, after a year of big growth, Conde Nast, Reddit's owner finally started paying attention to its overlooked property and is directing more resources towards it.

"In fact, we just had a meeting with the President of Conde Nast, who told us that they are extremely pleased with reddit and the community, and want to give us more resources and more funding," Reddit sysadmin jedberg told TechCrunch.

"They just approved us to hire even more people than we had originally planned. To further reinforce the point above, our financials are looking quite good for the year," he added.