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International Business Times UK
International Business Times UK
Seneca Cabrera

BOLT CEO Claims Company Became More Efficient After Cutting Entire HR Division

Bolt Ryan Breslow United States fintech Fortune
Ryan Breslow, CEO and founder of Bolt, reveals HR team was let go. (Credit: @ryantakesoff/Instagram)

Bolt chief executive Ryan Breslow has sparked debate in the tech industry after revealing that the company removed its entire human resources department as part of a wider restructuring effort aimed at rebuilding the business.

Speaking at the Fortune Workplace Innovation Summit in New York, the 31-year-old entrepreneur said Bolt's HR division had been creating unnecessary workplace issues and claimed internal problems disappeared after the department was removed.

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