https://www.macrumors.com/2023/06/15/reddit-threatens-to-remove-subreddit-moderators/
Reddit: If a moderator team unanimously decides to stop moderating, we will invite new, active moderators to keep these spaces open and accessible to users. If there is no consensus, but at least one mod wants to keep the community going, we will respect their decisions and remove those who no longer want to moderate from the mod team.
Based on this, it's very possible that the Path of Exile subreddit will end up being assigned to some other group of people than the current set
This might be due to statements from advertisers that they would stop paying for reddit ads if the blackout lasted longer
https://www.adweek.com/social-marketing/ripples-through-reddit-as-advertisers-weather-moderators-strike/
Campaigns have notched slightly lower impression delivery and consequently, slightly higher CPMs, over the days of the blackout, Johnson said. If the performance weakness continues for a week or two, the agency would start recommending decreasing spend with Reddit or directing it to other platforms.
I don't know what this means right now for the community. Not everyone has had a chance to respond in the mod team yet, but so far, it looks to be strongly in favor of not opening the subreddit as a result of reddit saying this. The general consensus is that Reddit won't be able to / won't actually choose to replace many thousands of mods.