Bye-bye, HR — Let’s hope Bolt Financial CEO Ryan Breslow starts a trend |
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Bye-bye, HR — Let’s hope Bolt Financial CEO Ryan Breslow starts a trend
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Ryan Breslow, the brash CEO of Bolt Financial, made a splash last week when he announced that he’d quietly abolished his financial-technology firm’s entire Human Resources department earlier this year.
Yep, the pink-slippers got their pink slips.
At Bolt, Breslow said, the HR team “was creating problems that didn’t exist,” as part of “a culture of not getting things done and complaining a lot.”
“The problems disappeared when I let them go.”
Cubicle-dwellers across corporate America rejoiced.
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Few seem to think they do anything more valuable than the far less overweening “Personnel” departments they replaced.
Workers made to labor under voluminous HR rules and forced to endure tedious training sessions have come to doubt whether all those rules and trainings make any difference in the real world.
The answer, actually, is that they don’t — at least, not when it comes to stopping problems like........