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REPORTED · NEWSPublished Mar 27, 2026

March Announces 1,600 Layoffs to Fund AI Transition

EMPLOYEES AFFECTED
1,600
EFFECTIVE DATE
Mar 12, 2023

What we know

Based on news reporting.

Summary

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.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

March cut 1,600 jobs on March 12, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.

SOURCE
News reporting
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CREATED MAR 27, 2026LAST UPDATED JUL 4, 2026