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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: mdtls   😊 😞
Number: of 15062 
Subject: Berkshire reducing jobs
Date: 02/02/2025 10:27 PM
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https://www.reuters.com/business/finance/berkshire...

Raising cash and reducing expenses….acts of efficiency or preparation for choppy waters?
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Author: Said ⎊  😊 😞
Number: of 15062 
Subject: Re: Berkshire reducing jobs
Date: 02/03/2025 9:00 AM
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The answer is in the article itself:

The Omaha, Nebraska-based conglomerate is decentralized, and Buffett is not involved in its subsidiaries' day-to-day operations.

Each manager making his own decisions. Some might hire additional staff, others doing the opposite. No need to see a central(ised) strategy behind the summarizing number of probably different single decisions.
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