people · May 20, 2026
Bolt CEO Fires HR Team Citing Non-Existent Problems Created
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Bolt CEO Ryan Breslow let go of the entire HR team before May 19 2026. Ryan Breslow shifted Bolt from peacetime to wartime operations mode and replaced most leadership team members. Valuation declined from $11 billion in 2022 to around $300 million while staff was cut by roughly 30 percent. Ryan Breslow addressed the Fortune Workplace Summit on May 19 2026 about the HR department changes.
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