iWorld
Paytm Inbox makeover includes addition of cricket, entertainment
Vijay Shekhar Sharma has always believed in changing the game. On Monday, Paytm made another significant announcement that’s in line with its founder’s motto. With a complete makeover of its Inbox, Paytm is now set to offer a multitude of services including live TV, real-time news and cricket updates, popular videos, and games to its users
“We are now rolling out the full stack service under ‘Paytm Inbox’ on our super app. We have partnered with several content providers to ensure the best of infotainment is delivered to you,” the company said in a blog post.
The Paytm Inbox will now contain additional features and not just messages and order details. The new functionality has been rigorously tested and is now available on iOS. Android users will have access to the services later this week.
To access Paytm Inbox, all you need to do is tap on the inbox tab on the extreme left. While Chat has been a key feature of the in-app messaging service, Paytm is now improving user engagement with addition of more options.
The Noida-based company has joined hands with several publishers and game brands to provide content within the app to their consumers.
Aaj Tak, Bloomberg Quint, 9XM, India Today, Mirror Now, Zoom, and ET Now are among Paytm’s collaborators for live TV services.
Like other news aggregators, the app will offer content from the Indian publishers as well. Not just that, users will also have access to multiple games.
The Paytm app was overhauled earlier this year in April with a redesigned home and profile page and the Passbook tab.
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.
