"The mods" probably haven't done anything to shut down discussion. The reason the reddit articles don't stay on the front page is probably a result of user flags (and the karma threshold for flagging is low so many people can flag articles).
Well, I will say they changed the title to be somewhat less damaging. It was "Over 100,000 call for the resignation of interim reddit CEO" - Now it reads as "Petition: Step down as CEO of Reddit Inc"
So people can "flag" in addition to downvoting? And too many flags can result in an auto-removal? I don't see the point of that. Flagging should send it to a moderator. If you want to automate removal of articles, voting should suffice, otherwise you're just giving more power to people who don't want to see some topic.
Regardless of how this topic was removed, I think it was an interesting discussion that was silenced prematurely, and that's too bad.