Given how open Reddit's structure is (in the sense that it gives non-employees strong moderator rights and works to make them feel part of the community), are they treading untrodden ground in walking the tightrope between keeping the community in the loop and respecting the right to privacy of their employee?
Maybe Victoria was let go because the big mean American tech industry is full of misogynists and she's another casualty in the culture war. Or maybe she was let go because Reddit can't afford to pay her. Or maybe she was let go because she profoundly screwed the company over. The fact of the matter is that the privacy door swings both ways (protects the company, but also protects the employee). We don't know and we don't have a right to know---neither do the moderators.
But that aspect of right to know is traditional. In an ecosystem with so many (essentially) volunteer staff members, perhaps the traditional rules can't be cleanly applied. I suspect the sift-out of this situation will teach people much about how to operate heavy-volunteer corporations.