I really don't get why they're doing this.
Reddit has already showed how much it cares about its users. We've tried going private, we've tried going restricted, we've tried going NSFW, we've tried spamming John Oliver posts, we've tried asking nicely in open letters, and Reddit has consistently given its community the middle finger in every single situation. And now that we've seen the admins change rules, remove mods, ban users, and break privacy laws, the plan is to just do the exact same thing they did before in the hopes that it'll work this time?
If a blackout on the platform was going to get Reddit to change its mind, that would've happened already. The time to induce change was two weeks ago, when the protests had lots of momentum. But it didn't work, and trying to make another stand now is going to be even less effective.
I still think that the best move is to leave Reddit for alternatives like /kbin, Lemmy, and Squabbles. Thankfully, some of the comments on the /r/ModCoord announcement are also saying this. Instead of desperately trying to cling to a platform that doesn't care about you, go somewhere else.