In this video, I will be talking about Amazon (AMZN -2.56%) and its recent cost cuts announcements. The stock down more than 40% this year but with the upcoming layoffs, cost restructuring, and continued growth this might present investors with an excellent opportunity for the long term.

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*Stock prices used were the closing prices of Nov. 16, 2022. The video was published on Nov. 17, 2022.