Bolt CEO says firing his HR team made the company’s problems disappear

‘We had an HR team, and that HR team was creating problems that didn’t exist,’ Ryan Breslow said at Fortune’s Workforce Innovation Summit. ‘Those problems disappeared when I let them go.’ Earlier this ...
Opinion

The Bolt CEO fired his entire HR team for 'creating problems that didn't exist.' He missed the actual problem

Removing HR doesn’t remove, well … HR.
Daily Mail on MSN

Bolt CEO fires his entire HR team because they 'created problems that didn't exist'

Ryan Breslow, the co-founder and chief executive of US fintech firm Bolt, said the department was scrapped as part of ...

CEO Says He Fired Entire HR Team for ‘Creating Problems That Didn't Exist’

The CEO of a fintech company defended the dismissal of its human resources team, claiming those employees were responsible ...

"Problems Disappeared": Bolt CEO Ryan Breslow Defends Firing Entire HR Team

Ryan Breslow also stated that traditional HR doesn't fit a company operating in startup mode.

'Fired HR, Problems Disappeared': Bolt CEO Claims HR Was Creating Problems That 'Didn't Exist'

Bolt's CEO Ryan Breslow navigated a dramatic 97% valuation drop, reshaping the fintech's culture by eliminating HR and implementing strategic layoffs.