News in Brief
Meta explores strategic alternatives for Kustomer business-software firm
REUTERS – Meta Platforms Inc said on Friday it is exploring strategic alternatives for customer service company Kustomer that it acquired in a process ending last year.
"We are currently exploring strategic alternatives for Kustomer and will continue to support Kustomer's product and customer base throughout this process," the Facebook owner said in an emailed statement to Reuters, without providing additional details on the alternatives.
Ford to cut 1,100 jobs in Spain after other European layoffs
AP – Ford Motor Co. announced that it will cut around 1,100 jobs at its plant in the eastern Spanish city of Valencia.
The cuts are in addition to the 2,300 layoffs largely in Germany and the UK that the automaker announced last month as part of a “leaner, more competitive cost structure in Europe.”