iWorld
Dream11 ropes in Priyanka Kodikal as chief design officer
Mumbai: Dream11, the world’s largest fantasy sports platform, has appointed Priyanka Kodikal as their chief design officer (CDO). She joins Dream11 from WhatsApp, where she headed design for the consumer app and led a large number of initiatives including core experiences across calling and messaging, to launching high-quality products.
Kodikal returns to India after over two decades of a stellar career in the US where she worked for global brands. The spurt of new-age companies across Indian technology and other sectors backed by rapid digitalization, favourable policies by the government, and regulators like Make in India and Digital India coupled with a strong growth momentum has been instrumental in making the country an attractive hub for jobs.
Commenting on the appointment, Dream11 & Dream Sports CEO & Co-Founder Harsh Jain, said, “We are delighted to have Priyanka join us as our Chief Design officer. Her appointment aligns with our commitment to hire the best global talent and develop Mumbai as a tech hub. Priyanka will be responsible for growing our design team and will play an integral role in helping all our portfolio companies with their design philosophy and execution.”
Kodikal added, “I’m extremely passionate about building products that are intuitive and delightful to use. I’m excited to explore the world of sports tech and look forward to working with a great team to elevate the experience for our users.”
Kodikal will be based in Mumbai and will report to Jain.
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.
