A California tech CEO changed his company's paid time off (PTO) policy after he said his laziest employees were abusing it.
Ryan Breslow, the founder of Bolt, announced on Tuesday that his San Francisco-based payment technology company would be axing unlimited PTO - a common perk in the industry.
But Breslow said the incentive wasn't working and that his top performers were more burnt out than ever, while his laziest were enjoying too much time on the beach.
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