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CEO of $300M company Bolt says problems disappeared after firing HR team
- randycupertino 5mo ago> “We got rid of our HR team,” the 31-year-old said while speaking at Fortune’s Workforce Innovation Summit on Tuesday. > Breslow’s rationale for letting go of the entire human resources team was simple — “We had an HR team, and that HR team was creating problems that didn’t exist,” he said. “Those problems disappeared when I let them go.” > He claimed that letting go of HR was essential to resurrect Bolt — a company that was once valued at $11 billion but has since witnessed a reversal of fortune, with its valuation falling to roughly $300 million.
- arm32 5mo agoSo he replaced HR with "People ops", which I'm assuming is HR but powered by LLMs? So, Steve with 5.5?
- aurareturn 5mo agoPosted earlier today: https://news.ycombinator.com/item?id=48205318 https://news.ycombinator.com/item?id=48205318 My comment: It's a crypto trading app that calls itself a super app and whose CEO is writing outlandish Linkedin posts to get attention to the failing company. Not worth the HN bandwidth and attention in my opinion.
- ceejayoz 5mo agoMy money problems go away when I stop opening envelopes, too.
- kakaz 5mo ago[dead]