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Precision Castparts, hammered by Covid-19, cut 10,000 jobs worldwide

Portland Business Journal
Portland Business Journal
 2020-08-10
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Covid-19 has wrecked Precision Castparts’ aircraft components business, leading the company to cut 10,000 workers this year — about 30 percent of its worldwide workforce — owner Berkshire Hathaway reported in a regulatory filing. The unit swung to a $78 million pre-tax loss in the second quarter from earnings...

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