This CEO did the right thing in firing his entire HR team, even if he still harbors misplaced confidence in the utility of Human Relations for the corpocracy:
Bolt’s CEO has defended his decision to fire the company’s entire HR team, claiming they had been ‘creating problems that didn’t exist’. Ryan Breslow, the co-founder and chief executive of US fintech firm Bolt, said the department was scrapped as part of sweeping layoffs aimed at returning the struggling business to ‘start-up mode’.....
....Eliminating the HR department in its entirety was one of my top recommendations in Corporate Cancer. Like the legal department, it is entirely unproductive. But unlike the legal department, it is unnecessary, it does not mitigate risk, and it is actively counterproductive. The average company would see better results from paying their HR employees to stay home full-time without having any contact with anyone in the organization for any reason.
