iWorld
One Take Media Co. to present K-drama ‘Weightlifting Fairy Kim Bok-Joo’
Mumbai: One Take Media Co. has announced its “New Week, New Drama” return with popular drama Weightlifting Fairy Kim Bok-Joo this week for its audience.
This show has a lovely couple in the lead, Lee Song-Kyoung and Nam Joo-Hyuk, playing Kim Bok Joo and Jung Joon Hyung, respectively. A coming-of-age story about a group of college athletes who are fighting for their dreams, experiencing and finding love in the process, and growing every step of the way. 20-year-old Bok Joo is a weightlifter who is pursuing her dream of winning a gold medal, but she then finds romance for the first time in her life. The characters in this drama are elite athletes in weightlifting, swimming, and rhythmic gymnastics who work hard to achieve their goals in life. Watch this space next week for new show updates.
One Take Media Co. is set to bring its all-popular Korean dramas dubbed in Hindi and in their original Korean language with English subtitles. Also, as informed recently, they have launched their OTT app, Playflix.
According to a recent Netflix study done in India, the number of Indians watching Korean dramas has surged by 370 per cent and BTS (Bangtan Boys), a South Korean boy band formed in 2010 and debuted in 2013 under Big Hit Entertainment, is India’s fourth most streamed, according to Spotify’s 2020 data.
iWorld
Meta plans 8,000 layoffs in new AI-led restructuring wave
First phase from May 20 may cut 10 per cent workforce amid AI pivot.
MUMBAI: At Meta, the future may be artificial but the cuts are very real. The social media giant is reportedly preparing a fresh round of layoffs, with an initial wave expected to impact around 8,000 employees as it doubles down on its artificial intelligence ambitions. According to a Reuters report, the first phase of job cuts is slated to begin on May 20, targeting roughly 10 per cent of Meta’s global workforce. With nearly 79,000 employees on its rolls as of December 31, the move marks one of the company’s most significant workforce reductions in recent years.
And this may only be the beginning. Sources indicate that additional layoffs are being planned for the second half of the year, although the scale and timing remain fluid, likely to be shaped by how Meta’s AI capabilities evolve in the coming months. Earlier reports had suggested that total cuts in 2026 could reach 20 per cent or more of its workforce.
The restructuring comes as chief executive Mark Zuckerberg continues to steer the company towards an AI-first operating model, committing hundreds of billions of dollars to the transition. Internally, this shift is already visible: teams within Reality Labs have been reorganised, engineers have been moved into a newly formed Applied AI unit, and a Meta Small Business division has been created to align with broader structural changes.
The trend is hardly isolated. Across the tech sector, companies are trimming headcount while investing aggressively in automation. Amazon, for instance, has reportedly cut around 30,000 corporate roles nearly 10 per cent of its white-collar workforce citing efficiency gains driven by AI. Data from Layoffs.fyi shows over 73,000 tech employees have already lost jobs this year, compared with 153,000 in all of 2024.
For Meta, the move echoes its earlier “year of efficiency” in 2022–23, when about 21,000 roles were eliminated amid slowing growth and market pressures. This time, however, the backdrop is different. The company is financially stronger, generating over $200 billion in revenue and $60 billion in profit last year, with shares up 3.68 per cent year-to-date though still below last summer’s peak.
That contrast underlines the shift underway. These layoffs are less about survival and more about reinvention. As Meta restructures itself around AI from autonomous coding agents to advanced machine learning systems, the question is no longer whether the company will change, but how many roles will be left unchanged when it does.
