The life insurer will cut 243 positions, the latest step in its years-long overhaul.
Job counts remain high even as the security industry's earnings and revenue have softened.
“I would like the Federal Reserve to stop,” he said.
Berkshire Hathaway is a dip in commodity prices to load up on some of Buffett's favorite oil and gas investments.
Expenses will be under scrutiny as the industry thins out its ranks to cope with a slowdown in deals.
Warren Buffett's investment company move out of several financial stocks and into Capital One in the first quarter.
As regional banks struggled, Wall Street raked in gains with little sign of strain
Wall Street has leaned on headcount reductions and hiring freezes to help contain costs amid inflation.
Buffett said he's willing to wager that no depositor will lose any money in the next year.
Citigroup's increase was the biggest, with 17,000 employees added last year.
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