Bridgewater Associates dismissed 7 per cent of its workforce on Monday (Tuesday AEDT) as the world’s biggest hedge fund seeks to remain lean and maintain the flexibility to hire top talent, according to a person familiar with the matter.
The cuts affect about 90 employees, said the person, who asked not to be identified because the information has not been announced publicly. The firm, whose headcount is now back to where it was in 2023, will continue hiring selectively, the person said.
