In fiscal year 2025, the Company restructured certain departments to better align functions and recognized total restructuring charges of approximately $0.8 million and $1.8 million during the three and six months ended July 31, 2024, respectively.

In fiscal year 2024, the Company reduced its total global headcount by approximately 7%. As a result, the Company recognized total restructuring charges of approximately $0.2 million and $7.8 million during the six months ended July 31, 2023, respectively.

The Company recognized severance and other termination benefit costs as follows (in thousands):


	Three Months Ended July 31,				Six Months Ended July 31,
	2024		2023		2024		2023 (1)
Cost of revenue	$	—	$	46	$	—	$	463
Research and development	393		(12)		393		2,047
Sales and marketing	266		118		996		3,677
General and administrative	112		20		388		1,638
Total	$	771	$	172	$	1,777	$	7,825

(1) Excludes stock-based compensation of $1.3 million for the six months ended July 31, 2023.

The changes in liabilities resulting from the restructuring charges and related accruals were as follows (in thousands):




Balance as of January 31, 2024	$	188
Charges	1,777
Cash payments	(1,799)
Balance as of July 31, 2024 (1)	$	166

(1) Balance is included in accrued compensation and benefits on the condensed consolidated balance sheet as of July 31, 2024.