Interest in the subject matter is a minor consideration. Unlike a lot of firms, we look at what someone is like rather than what they did before. We are first interested in people’s values, second interested in their abilities, and least interested in their precise skills. We want independent thinkers who are willing to put aside their egos to find out what is true. Did the candidate come up with a new idea and build it out? Like if when he was 15 he mowed lawns and developed that into a business by getting others to mow lawns with mowers he bought them. --Ray Dalio, "How To Get Hired At Bridgewater" [BusinessWeek, Related: "Firing people is not a big deal"]
Bridgewater Associates Produced A Series Of Videos Intended "To Scare You"
Bridgewater's Co-CEO Once "Supervised Subordinates Stripping Off Articles Of Clothing And Setting Them On Fire During A Team-Building Exercise"
And other actually insane stories from the Westport hedge fund.
Bridgewater Isn't Laying Off Employees, It's "Renovating" The Company
In other words: it's laying off employees.