Altready most major subs are re-opening, and bootlickers are gloating that this didn't achieve anything.
There's still an attempt to keep things going but it's a milquetoast "let's shut down on wednesday, ya'll".
There was never a strong consensus to redirect people to alternatives like lemmy, so people used other parts of reddit until their favourite subs reopened. And when people redirected, most of them just directed to fuckin' discord, which doesn't serve the same purpose at all and is even worse from the lock-in perspective.
I think it has as more to do with the volunteer moderators being kicked out and moderation being taken over by employees of Reddit. That will probably have significant impact financially for Reddit.