Bolt CEO fires entire HR team — blames them for ‘creating’ non-existent problems
Bolt CEO Ryan Breslow has fired the entire HR team, attributing the decision to their ineffectiveness and the creation of non-existent problems. This move is part of a broader strategy to reduce headcount by 30% and shift the company back to a startup mentality. Breslow claims that the new, smaller team is more productive and has improved customer relations.
- ▪Ryan Breslow, the CEO of Bolt Financial, announced the firing of the entire HR department at a recent summit.
- ▪He criticized the previous HR team's culture of laziness and entitlement, stating that problems disappeared after their dismissal.
- ▪Breslow emphasized that the company will now operate with a leaner team focused on productivity and leveraging AI.
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Business Bolt CEO fires entire HR team — blames them for ‘creating’ non-existent problems By Daniel Cody Published May 20, 2026, 11:15 p.m. ET See more of our coverage in your search results. Add The New York Post on Google 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. Bolt Financial CEO Ryan Breslow.
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