Based on news reporting.
March has announced that it will lay off 1,600 employees as part of a strategic pivot towards artificial intelligence. This decision is aimed at reallocating resources to fund the company's transition into AI technologies. The layoffs are expected to impact various departments, although specific locations and departments were not detailed in the announcement. This move comes amid a broader trend in the industry where companies are adjusting their workforce to adapt to new technological demands. The layoffs are effective immediately as of March 12, 2023.
March cut 1,600 jobs as of March 12, 2023.
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