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Berkshire Hathaway says it has added 12,000 jobs

By Jonathan Stempel (Reuters) - Berkshire Hathaway (NYSE:BRKa) Inc, run by billionaire Warren Buffett, said on Friday its workforce has grown by about 12,000, recovering some jobs...
Berkshire Hathaway says it has added 12,000 jobs © Reuters. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scot

By Jonathan Stempel

(Reuters) - Berkshire Hathaway (NYSE:BRKa) Inc, run by billionaire Warren Buffett, said on Friday its workforce has grown by about 12,000, recovering some jobs it lost earlier in the COVID-19 pandemic.

The Omaha, Nebraska-based insurance and investment company said its dozens of businesses now have about 372,000 employees, up from 360,174 at the end of 2020.

Berkshire had shed more than 31,000 jobs in 2020 as economies slumped and demand for many goods and services fell. The decline included about 13,400 jobs at Berkshire's Precision Castparts aircraft parts unit and 5,600 at the BNSF railroad.

Jobs were added last year as the U.S. economy grew at the fastest pace since 1984, according to Commerce Department data.

Berkshire did not immediately respond to a request for comment sent to Buffett's assistant.

Other Berkshire units with large workforces include auto insurer Geico, Fruit of the Loom underwear, McLane food delivery, several energy businesses, and Clayton Homes.

Berkshire disclosed its recent job count in a registration statement for the sale of bonds.

Buffett, 91, is expected to discuss Berkshire's performance in his annual shareholder letter on Feb. 26, when the company will also release year-end results.

Analysts on average expect full-year operating profit to exceed the previous $24.8 billion high set in 2018. Operating profit totaled $21.9 billion in 2020.

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28-03-2024 17:55:52 (UTC+7)

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AUD/USD

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EUR/JPY

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Gold Futures

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S&P 500

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US Small Cap 2000

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Adidas AG

206.88

+2.18 (+1.06%)

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Deutsche Lufthansa AG

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 EUR/USD1.0791↑ Buy
 GBP/USD1.2619↑ Buy
 USD/JPY151.38Neutral
 AUD/USD0.6495Buy
 USD/CAD1.3596↑ Sell
 EUR/JPY163.31Buy
 EUR/CHF0.9769↑ Buy
 Gold2,233.25↑ Buy
 Silver24.808Neutral
 Copper4.0038Buy
 Crude Oil WTI82.19↑ Buy
 Brent Oil86.11↑ Buy
 Natural Gas1.696Sell
 US Coffee C187.93↑ Sell
 Euro Stoxx 505,098.75↑ Sell
 S&P 5005,248.49↑ Buy
 DAX18,498.35↑ Sell
 FTSE 1007,954.69↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,114.35↑ Buy
 IBEX 3511,097.68↑ Buy
 BASF53.025Neutral
 Bayer28.43↑ Buy
 Allianz277.38↑ Buy
 Adidas206.88↑ Buy
 Lufthansa7.288↑ Sell
 Siemens AG177.29Buy
 Deutsche Bank AG14.665Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
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SJC HCM7,900/ 8,100
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Cập nhật 28-03-2024 17:55:54
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JPY158,69167,96
KRW15,8419,20
Cập nhật lúc 17:54:51 28/03/2024
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