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fintech CEO fires entire HR deparment. "they create problems that don't exist"
| ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, | 05/22/26 |
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Date: May 22nd, 2026 2:23 PM Author: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, https://nypost.com/2026/05/20/business/bolt-ceo-fires-entire-hr-team-blames-them-for-creating-non-existent-problems/
The 31-year-old CEO of a historically troubled fintech company, Bolt Financial, revealed this week that he fired his entire HR department as part of a 30% reduction in headcount earlier this year.
Ryan Breslow made the admission on Tuesday at Fortune’s Workforce Innovation Summit, where he blamed the downsizing, in part, on an inept, lazy and entitled staff.
“We had an HR team, and that HR team was creating problems that didn’t exist,” the CEO, who once described Silicon Valley as a “boys club” full of “mob bosses,” said at the summit.
“Those problems disappeared when I let them go.”
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