Bridgewater's Job Ax Is Reminder of Wall Street's Math

Estimated read time 1 min read


Even the world’s biggest hedge fund isn’t immune from the kind of periodic, performance-focused cuts common across the financial services industry, Bloomberg’s Sridhar Natarajan says on “Bloomberg Open Interest.” Bridgewater Associates cut 7% of its staff on Monday. Sonali Basak’s Wall Street Beat newsletter is published Friday. (Source: Bloomberg)

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