Bridgewater to Cut Jobs as Dalio Says Some Areas ‘Bloated’

  • The firm’s main hedge fund has declined about 9% this year
  • Firm has attracted $22.5 billion from clients since early 2015

Ray Dalio

Photographer: Jason Alden/Bloomberg

Bridgewater Associates, the world’s largest hedge fund manager, indicated it’s planning to cut jobs as parts of its business have become too large.

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