The Economic Times

Problems disappeared when I let them go: Bolts Ryan Breslow explains why he laid off his entire HR team

Bolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to revive the fintech company. He stated that the HR team created non-existent problems and that the company had developed a culture of entitlement, necessitating a return to a gritty startup mode with a leaner, more junior workforce.