Bridgewater Associates, the world’s largest hedge fund, dismissed approximately 7% of its workforce, totaling around 90 employees, to stay lean and maintain hiring flexibility. The firm's headcount has now returned to 2023 levels, with plans to continue selective hiring. This decision aligns with Bridgewater's strategy to adapt and attract top talent while optimizing its workforce. The hedge fund posted double-digit gains across most strategies last year, reflecting strong performance despite the recent layoffs. The information was disclosed by a source familiar with the matter but has not been publicly announced. Continue here.
