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Billionaire Lonsdale claims he built Palantir without HR dept, says 'Firing HR creates value'
short by Ashley Paul / on Saturday, 23 May, 2026
Billionaire Joe Lonsdale reacted to Bolt CEO Ryan Breslow's "HR created problems that didn't exist" comment, revealing that he built software company Palantir without a human resources department. "I avoided Ryan's mistake...Going into the vast majority of companies and firing most of their HR...would tend to create value!" Lonsdale said. He added that he hired technical leaders for "PeopleOps".