It's almost as bad as "tweeps" for Twitter employees.

if my boss called me a cute pet name, I'd fucking quit on the spot

bosses who like to act overly familiar and pretend that we are not in a contract where I am only doing labor for them to get paid are scary tbh; the "we're one big family" act always has an implied "and I can disown you for literally any reason, especially if it's convenient for me"

That would be reason enough. but the main reason I'm not is that I know this will turn reddit into 4chan. No good mods = racist trolls take over, they drive away decent users, content becomes almost exclusively shitposts and endlessly recycled memes. Consider how bad it is now and think of how much worse it will be once the good mods and content posters leave.