CEO of $300M company Bolt says problems disappeared after firing HR team

Posted earlier today: 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.

> “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.

My money problems go away when I stop opening envelopes, too.

So he replaced HR with "People ops", which I'm assuming is HR but powered by LLMs? So, Steve with 5.5?