Group 1: Job Cuts Overview - More than 153,000 jobs have been cut from major companies like Ford and UPS, marking a 175% increase from the previous year, making it the worst October for job cuts since 2003 [1] - Amazon has laid off around 14,000 employees earlier this year and is considering an additional 30,000 cuts, focusing on long-term roles rather than seasonal jobs, indicating a shift towards operational efficiency [3][4] - Microsoft has also announced layoffs across multiple divisions, but the stock has shown resilience, indicating market confidence in its strategy [5][6] Group 2: Company-Specific Insights - Intel is undergoing a significant restructuring, with plans to cut up to 24,000 roles, yet the stock has shown strong performance, reflecting market optimism about its operational streamlining and focus on AI and automation [8][9][10] - Microsoft has a strong seasonal pattern, with a 90% rally rate over the past decade leading into mid-December, suggesting potential for continued stock performance despite layoffs [6] - Amazon is positioning itself for the holiday season with a leaner operational structure, which could enhance its margin profile and support stock price growth [4][13]
3 Stocks To Consider Buying On Record Job Cuts