US crypto exchange Kraken plans to lay off 1,100 people, or 30% of its workforce, citing a need to “adapt to current market conditions” (Danny Nelson/CoinDesk)

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.

Maria Heeter / The Information:
Online banking startup Chime is laying off 12% of its 1,300-person workforce, citing “current market dynamics”; it had a $25B valuation in August 2021  —  Online banking startup Chime, which before this year’s market meltdown had been widely seen as a candidate …

Kirsten Korosec / TechCrunch:
Internal email: autonomous delivery startup Nuro is laying off 300 people, or 20% of its workforce, to preserve cash, and says it has $1B on its balance sheet  —  Nuro, the autonomous vehicle delivery startup backed by Softbank, Google and Tiger Global Management, is laying off about 300 people …

Annie Palmer / CNBC:
Internal documents: Amazon is offering voluntary buyouts to some employees as it looks for ways to cut its headcount beyond the massive layoffs already underway  —  – Amazon sent out “voluntary severance” offers to some employees this week as it looks for ways to rein in costs beyond the massive layoffs already announced.

Rebecca Bellan / TechCrunch:
TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company  —  Update: CEO Cheng Lu said laid off workers will remain on the payroll for two months and will receive severance.  —  Well, we knew it was coming.

New York Times:
US crypto exchange Kraken agrees to pay $360K+ to the Treasury Department to settle accusations of sanctions violations involving transactions by users in Iran  —  The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.