iWorld
BoxTV adds premium international content for its viewers
MUMBAI: BoxTV.com, an online video service of Times Internet has tied up with KM plus Media, a Czech Republic based production house. KM Plus Media produces wildlife documentaries, children titles, lifestyle and travel shows to name a few genres from extended catalogue of more than 1500+ hours of TV programming.
KM Plus Media together with its US partners Big Media covers the worldwide distribution with focus on its original productions as well as content of third party producers, mainly from USA and Australia.
As a part of the offering, BoxTV will feature more than 100 hours of premium KM Plus Media content for audiences in the Indian sub-continent. The content will be available for free ad-supported viewing, adding to BoxTV’s already large library of more than 17,000 hours of content across Hollywood, Bollywood, regional movies and television shows. The content will be available across the web and BoxTV’s mobile and device apps from April 2014.
“Content from KM Plus media add to our global content catalogue. Our users write to us every day asking for more shows around travel, adventure and wildlife. KM offers premium content around these genres. International content has been our USP and this tie up is another step towards it,” says BoxTV business head Pandurang Nayak.
“Our content appeals to a wide range of audiences. BoxTV is part of the largest media conglomerate in India and it is a great platform to showcase our content. This online video service has a great viewing experience across devices, which makes it the ideal platform for high-quality content such as ours,” adds KM Plus Media managing director Ladislav Svestka.
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.
