Bridgewater Associates Is Cutting Staff After Massive Inflows - yes you read that right - not necessarily a contradiction but its odd - then again Bridgewater admits they are odd so not out of the ordinary. Prosek the external PR firm for the world's largest hedge fund did not respond to a request from us for comment.
Richard Feloni of Business Insider first reported the news of the job cuts has obtained the internal memo announcing the layoffs - below readers can find the full email. BI notes the email is signed by Dalio, co-CIO Bob Prince, co-CIO Greg Jensen, co-CEO Eileen Murray, president David McCormick, and co-CEO Jon Rubinstein.
[dalio]
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