iWorld
Red FM’s South Side Story Season 5 – Mumbai edition: An immense success
Mumbai: 93.5 RED FM, India’s leading private radio and entertainment network’s event ‘South Side Story Season 5’ – Mumbai edition proved to be a tremendous success. The event held at Richardson & Cruddas, Byculla witnessed an incredible turnout, with music lovers braving the rain to be a part of this unforgettable experience.
South Side Story season five featured exceptional performances by Aattam Kalasamithi ft The Theikkinkaadu Band, Maalavika Sundar, Sean Roldan & Friends, Arivu, Agam, and Thaikkudam Bridge. Beyond the captivating music, attendees had the opportunity to indulge in a sumptuous spread of Sadhya and other South Indian delicacies, and refreshing beverages.
In light of the tremendous success of the Mumbai edition, Red FM is thrilled to announce the next stop in Delhi for the musical journey. South Side Story Season 5 – Delhi Edition is set to take place on 16 September 2023, at the iconic Jawaharlal Nehru Stadium. This edition promises a unique blend of hip-hop, rap artists, and playback singer and composers like Thirumali, Arivu, Humankind, All OK, Neeraj Madhav & Sithara’s Project Malabaricus who will take the stage to deliver unforgettable performances. The Delhi edition will be headlined by Karthik.
Speaking on this announcement, RED FM, and Magic FM director & COO Nisha Narayanan stated “Our vision to introduce diversity in the regional music space has appropriately translated into South Side Story. The Mumbai edition was a testament to the colossal celebration of our humble effort to bring the south of India to the metros. We were delighted to witness a massive turnout of our audience that even the torrential rains were not able to cease the spirit of the festive season. By joining in wearing traditional South Indian attire and celebrating the various ingredients of the South, the Mumbai audience came through. We are eagerly awaiting to recreate or take the celebrations a few notches higher in Delhi.”
Mark your calendars and prepare to immerse yourself in the colors, sounds, and flavors of South India. The tickets are available on Skillbox.
https://bit.ly/SSS2023_PressRelease
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.
