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

After his company Bolt lost 97% of its value, Ryan Breslow gutted it, saying HR was "creating problems that didn't exist."

Source: www.entrepreneur.com

Expert opinions (1)

• Anton Erpulev, CEO & Co-Founder at PowerSun Market: The headlines around Ryan Breslow gutting Bolt's HR department are designed to get clicks, but they're masking a much messier reality about what happens when hypergrowth startups hit the wall. I've watched the fintech space long enough to know that 97% value destruction doesn't happen because of…