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The Economic Times
The Economic Times
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Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR team

Ryan Breslow Bolt fintech Fortune

For most executives, such a statement would likely spark major concern. But for Ryan Breslow, CEO of Bolt, the move was something he believed had to be done.

During an appearance at the Fortune Workforce Innovation Summit on Tuesday, the 31-year-old defended large-scale layoffs at Bolt, including a recent workforce reduction that affected nearly 30% of employees. He also stood by his decision to remove the company’s HR department.

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