Bolt CEO Ryan Breslow has eliminated the company's HR department, stating that the team created non-existent problems. He believes a smaller 'people operations' team is more effective for a fast-paced startup environment. Breslow also attributed the company's previous struggles and significant valuation drop to poor decision-making and overspending by employees who had developed a sense of entitlement. AI
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RANK_REASON CEO's opinion piece on workforce management and company strategy.
