(Reuters) – Berkshire Hathaway (Brk-b, Brk-a) He said that he has reduced more than 4,000 jobs on Friday, even when the conglomerate led by Warren Buffett goes at a rate of publishing a record of annual operating profits.

In a regulatory presentation, Berkshire said that its dozens of operational businesses occupy about 392,000 people, below 396,440 shown in their most recent annual report last February.

The presentation did not say which companies have cut or added, or added work. Berkshire’s largest entrepreneurs include the BNSF railway, the geico car insurer, the manufacture and the Marmon service operations and the pilot truck stall chain.

The buffett assistant did not respond immediately to a comment request.

Berkshire seeks to have strong business that you can maintain forever, but will make work cuts to deal with changing markets or business priorities.

Geico reduced 7,700 jobs by 2023, as he fought subscription losses, while Precision Castparts reduced 13,400 jobs by 2020, as Covid-19 pandemic destroyed the demand for its plane parts. .

More recently, Pilot closed his international oil trade business and released most of the leaders of this business, to focus on trucks and service stations.

Berkshire recorded a $ 37.35 million operating profits’ record in 2023 and $ 32.91 million operating profits in the first nine months of 2024. It is expected to report full year results during 2024 by the end of February .

94 -year -old Buffett has directed Berkshire since 1965. The Nebraska -based conglomerate is decentralized and Buffett has not participated in the everyday operations of its subsidiaries.

(Jonathan Sumpel’s report in New York; Bill Berkrot edition)