iWorld
Netflix acquires the rights to develop gabriel garcia marquez’s masterpiece one hundred years of solitude As a new netflix series
MUMBAI: For the first time in history, Nobel Prize winning author Gabriel García Márquez’s literary masterwork One Hundred Years of Solitude is coming to the screen — as a new series for Netflix members worldwide. Netflix has acquired the rights to develop the beloved and acclaimed novel, considered to be one of the most significant works of the 20th Century, into a Netflix Spanish language original series. One Hundred Years of Solitude was first published in 1967 and since that time has sold an estimated 50 million copies around the world and has been translated into 46 languages*.
García Márquez’s sons Rodrigo Garcia and Gonzalo García Barcha will serve as executive producers on the series, which will be filmed mainly in Colombia. "For decades our father was reluctant to sell the film rights to Cien Años de Soledad because he believed that it could not be made under the time constraints of a feature film, or that producing it in a language other than Spanish would not do it justice,” said Garcia. He continued, “But in the current golden age of series, with the level of talented writing and directing, the cinematic quality of content, and the acceptance by worldwide audiences of programs in foreign languages, the time could not be better to bring an adaptation to the extraordinary global viewership that Netflix provides. We are excited to support Netflix and the filmmakers in this venture, and eager to see the final product."
“We are incredibly honored to be entrusted with the first filmed adaptation of One Hundred Years of Solitude, a timeless and iconic story from Latin America that we are thrilled to share with the world,” said Francisco Ramos, Vice President, Spanish Language Originals for Netflix. “We know our members around the world love watching Spanish-language films and series and we feel this will be a perfect match of project and our platform.”
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.
