Sou Hu Cai Jing·2025-12-05 05:54Group 1 - The number of layoffs planned by U.S. employers in November 2025 reached 71,321, a significant decrease from 153,100 in October, but still substantial, pushing the total layoffs for 2025 to 1.17 million, a 54% increase year-over-year, marking the highest level since the pandemic began in 2020 [2] - Major layoffs were driven by Verizon's announcement of 13,000 job cuts, followed by the tech sector, which announced 12,400 layoffs, reflecting a 17% year-over-year increase in cumulative layoffs for the industry [2] - The private sector employment report from ADP indicated an unexpected decrease of approximately 32,000 jobs, reinforcing expectations for policy easing [2] Group 2 - Initial jobless claims in the U.S. fell by 27,000 to 191,000, marking the lowest weekly level since September 2022, while continuing claims decreased by 4,000 to 1.939 million, indicating a slowdown in layoffs [3] - The mixed employment data has attracted market attention, adding uncertainty to the Federal Reserve's upcoming meeting, with expectations for a 25 basis point rate cut slightly decreasing [4] - The dollar index remains stable around 99 but may face downward pressure due to rate cut expectations and potential leadership changes at the Federal Reserve [6] Group 3 - Meta is reportedly planning to significantly cut its metaverse investment, reducing the budget for Reality Labs by about 30%, which has led to a 3.43% increase in its stock price [9] - Microsoft announced a price increase for its Office productivity software subscriptions starting July 1, 2024, resulting in a slight stock price increase of 0.65% [9] - Intel has decided to retain its network and edge computing division, which it previously considered selling, leading to a 7.45% decline in its stock price [10]