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Keyword: ryanbreslow

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  • This CEO Fired His Entire HR Department to Rescue His Failing Fintech Company: ‘Problems Disappeared When I Let Them Go’

    05/22/2026 5:14:29 AM PDT · by MayflowerMadam · 85 replies
    Entrepreneur.com ^ | May 21, 2026 | Jonathan Small
    After his company Bolt lost 97% of its value, Ryan Breslow gutted it, saying HR was “creating problems that didn’t exist.” When Ryan Breslow’s fintech company Bolt lost $10.7 billion in value, he had a radical diagnosis: HR needed to go. “They were creating problems that didn’t exist,” Breslow, 31, said at Fortune’s Workforce Innovation Summit. “Those problems disappeared when I let them go.”
  • Waking Up To Reality

    05/22/2026 4:39:16 AM PDT · by Rummyfan · 10 replies
    Splendid Isolatrion ^ | 22 May 2026 | Kim Dutiot
    Finally, someone has seen the light:Bolt CEO fires his entire HR team because they “created problems that didn’t exist”, and “those problems disappeared when I let them go”. Welcome to the party, pal.Ryan Breslow, the co-founder and chief executive of US fintech firm Bolt, said the department was scrapped as part of sweeping layoffs aimed at returning the struggling business to “start-up mode”.The 32-year-old added that HR professionals were more suited to “peacetime” conditions at larger companies rather than a start-up environment focused on rapid growth and efficiency.In his seminal work, Up The Organization, the late Robert Townsend had a...