In today’s ExchangeWire news digest: Google-parent Alphabet announces 12,000 jobs have been cut; South Africa implements mandatory warnings on crypto ads; and the UK government awards the Digital Growth Grant to Barclays Eagle Labs.
Fresh wave of job cuts at Alphabet
Google-parent Alphabet has said it will cut 6% of staff. The move follows a wave of layoffs across the tech sector as companies contend with an economic downturn.
Alphabet chief…