Posts with tag: robots
Berkshire Hathaway shed 4,000 jobs despite record operating profit. The conglomerate's employment dropped to 392,000 from 396,440. Job cuts were made to address changing markets and business priorities, such as Geico's 7,700 job cuts due to underwriting losses and Precision Castparts' 13,400 job cuts due to the pandemic.
Published on: January 31, 2025, 08:04 PM UTC