![Why Amazon Job Cuts Are a Good Sign for AMZN Stock Investors](https://cdn.newsserve.net/ONPglobe256.png)
Why Amazon Job Cuts Are a Good Sign for AMZN Stock Investors
Despite the recent job cuts, AMZN stock is an excellent long-term hold Prime Video and Amazon MGM Studio businesses announced hundreds of job cuts on Jan. 10. The news from Amazon (NASDAQ: ) sent AMZN stock higher on the day. “[W]e’ve identified opportunities to reduce or discontinue investments…
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