(Reuters)-BRK-B, BRK-A on Friday said it launched more than 4000 jobs during the past year, although the group run by Warren Buffett is running quickly to achieve standard annual employment profit.
In an organizational file, Berkshire said that dozens of operating companies are employing about 392,000 people, a decrease from 396,440 in their latest annual report last February.
The deposit did not clarify which companies have cut or added jobs. Among the employers of the BNSF RAILROAD, Geico Car Insrate, Marmon Manufacturation and Service Recions and Bilot Truck Stop Rail.
Puffett’s assistant did not immediately respond to a request for comment.
Berkshire seeks to possess strong businesses that you can stick to forever, but will make job discounts to handle changing markets or work priorities.
GEICO 7700 reduced jobs in 2023 while fighting subscription losses, while Precision Castparts reduced 13400 jobs in 2020, when Covid-19 was destroyed demand for aircraft parts.
Recently, Pilot closed its international oil trading business and left most of the company’s leaders, to focus on truck stations and service stations.
Berkshire set a record 37.35 billion dollars in operational profits in 2023, and 32.91 billion dollars of operating profits in the first nine months of 2024. It is expected that the results of the entire year for 2024 will be reported in late February.
Puffett, 94, has led Berkshire since 1965. Omaha’s conglomerate, Central Nebraska, and Puffette does not participate in her daily operations.
(Participated in the reports of Jonathan Stempble in New York; edited by Bill Berkerut)
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