What would be a "not well ending"?
This is like a farmer's livestock protesting. At best when the hogs are marching around with their picket signs it's irritating. Most of the time it's just comical. By the end of the week, they'll still be pork chops.
The last 10 years of reddit history has been the mods teaching everyone that they're not special and no one will miss them. Now that the admins have turned around and say that the same rule still applies to the mods and even "everyone as a whole"... people are shaking they're heads and whining "no, you're wrong, we are important".
But the reddit IPO will go through, spez will be a billionaire, and a bunch of strangers will be moderating that subreddit you thought was so awesome. Which will be full of cat pictures and facebook memes, and the comments will be five thousand deep nested reply chains of bad pop culture jokes.