The CEO of fintech company Bolt revealed he fired his entire human resources department as part of sweeping layoffs, telling the audience at a Fortune magazine event the “HR team was creating problems that didn’t exist.”
Ryan Breslow, Bolt’s 32-year-old co-founder and chief executive officer, announced at the Tuesday conference in Atlanta that he “got rid of our HR team,” and that the “problems disappeared when I let them go.”
Bolt sliced its workforce by 30 percent in April after Breslow said productivity hit a slump.
“We need a group of people who are very oriented around getting things done, and there is just a culture of not getting things…
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