iWorld
Netflix to premiere multilingual original The Eddy by Academy award-winner Chazelle
MUMBAI: Netflix, a leading internet entertainment network, has announced The Eddy, a new Netflix original series from Academy Award-winning director Damien Chazelle. The eight-episode series comes from IMG and will premiere exclusively to Netflix members around the world.
Executive produced by Damien Chazelle, who will direct two of the episodes, and written by five-time BAFTA Award-winning and Olivier-winning writer Jack Thorne (National Treasure, This is England, Wonder), The Eddy is an eight-episode musical drama series that will be shot in France and feature dialogue in French, English and Arabic. Emmy-winning producer Alan Poul (Six Feet Under, The Newsroom), will also executive produce, and original music will be written by six-time Grammy Award-winner Glen Ballard (Alanis Morissette’s Jagged Little Pill, Michael Jackson’s Bad). Following on the heels of other productions in Europe, including The Crown and the upcoming Dark, The Eddy continues Netflix’s investment in international and French content.
The Eddy is a musical drama set in contemporary multi-cultural Paris revolving around a club, its owner, the house band, and the chaotic city that surrounds them.
Said Chazelle, “I’ve always dreamed of shooting in Paris, so I’m doubly excited to be teaming up with Jack, Glen and Alan on this story, and thrilled that we have found a home for it at Netflix.“
Erik Barmack, Vice President of International Originals at Netflix says, “From the intense, complex relationship between a jazz drummer and his instructor in Whiplash to his dazzling duo of lovelorn Los Angelenos in La La Land, Damien’s work is emotional and electrifying. His projects have a rhythm all their own, and we’re incredibly excited for him, Jack, Glen, Alan and the production team to bring their vision for The Eddy to Netflix. We couldn’t be happier that he will be shooting The Eddy in France and that we will bring this bold, global and multilingual series to our members around the world.”
Chris Rice, WME | IMG Partner says, “The creative team behind ‘The Eddy’ is truly visionary, and we can’t wait to see the world that they create. This project is the definition of premium, global programming, and as one of the first projects of its kind from IMG, we couldn’t be happier to have Netflix as the home to take it to audiences around the world.”
The series will be produced by Patrick Spence and Katie Swinden’s Fifty Fathoms. BAFTA-winning producers Spence (Guerilla, Fortitude) and Swinden (Luther, Peaky Blinders) will executive produce along with Chazelle, Thorne, Poul and Ballard.
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.
