CEO of $300M company Bolt says problems disappeared after firing HR team(hindustantimes.com)
hindustantimes.com
CEO of $300M company Bolt says problems disappeared after firing HR team
https://www.hindustantimes.com/trending/ceo-of-300-million-company-says-problems-disappeared-after-firing-hr-team-101779248863189.html
5 comments
So he replaced HR with "People ops", which I'm assuming is HR but powered by LLMs? So, Steve with 5.5?
Posted earlier today: https://news.ycombinator.com/item?id=48205318
My comment:
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.My money problems go away when I stop opening envelopes, too.
> 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.