Amazon’s AWS unit expects to add employees in 2023 and will continue building data centers, despite the company’s hiring freeze and cuts in other divisions (Matt Day/Bloomberg)

Kurt Wagner / Bloomberg:
Source: Zuckerberg told staff in a weekly Q&A that Meta will freeze hiring, restructure some teams, and reduce budgets across teams, citing economic conditions  —  Meta Platforms Inc., the owner of Facebook and Instagram, said it will freeze hiring and restructure some teams in an effort to cut costs and shift priorities.

Frederic Lardinois / TechCrunch:
AWS launches Application Composer, a low-code tool for visually designing and building serverless applications with a drag-and-drop interface  —  At its re:Invent conference today, AWS announced the launch of AWS Application Composer, a new low-code tool for visually designing and building serverless applications.

Jon Victor / The Information:
Source: between Q1 2019 and this fall, Alphabet’s Google Cloud, hardware unit, and YouTube have roughly doubled headcount, as the total employee count grew ~80%  —  Alphabet has doubled the headcount in its Google Cloud unit since early 2019, according to data obtained by The Information, outstripping Alphabet’s overall hiring growth.

Bloomberg:
AWS announces a new Graviton3E chip for high-performance computing tasks like weather forecasting and gene sequencing, competing with Intel, Nvidia, and others  —  Amazon.com Inc.’s cloud-computing unit is rolling out new chips designed to power the highest-end of computing …

Bloomberg:
Sources: Intel is planning major job cuts, likely in the thousands, as early as this month; some divisions, including sales and marketing, could see ~20% cuts  —  Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope …

New York Times:
Seeking to reduce their reliance to China, Apple, Google, Microsoft, Amazon, and others are increasingly producing devices elsewhere, such as India and Vietnam  —  Worried about geopolitical tensions and stung by pandemic shutdowns, Google, Apple and others are moving some work to nearby countries.